Q: August 2020 Gold hit $2034 / ounce. Agnico Eagle traded at $110.
Today Gold hits $2014 and Agnico Eagle is trading around $75.
Fundamentally, is the company stronger or weaker when comparing these two prices in time. Or is the disconnect in price more just market sentiment about gold vs crypto etc? I loved Kirkland Lake so the merger should be viewed as a positive.
Today Gold hits $2014 and Agnico Eagle is trading around $75.
Fundamentally, is the company stronger or weaker when comparing these two prices in time. Or is the disconnect in price more just market sentiment about gold vs crypto etc? I loved Kirkland Lake so the merger should be viewed as a positive.