Loading ...Again… the numbers are too low – AEM edition
Agnico reported Q1 EPS of 12c vs the street at 3c. 490.5 mln in revenue vs 481. The street is at 4c and 491 mln in revenue for next quarter. Where do you think these numbers are going to be with an average gold price for the quarter that is 70$ higher? I’ll tell you… multiples of 4c and 525 million in revenue. ALL OF THE NUMBERS ARE GOING HIGHER. There is no place better to be than with constant rising analyst estimates. This is the single best run company in the entire business.
Cashcosts…your analysis is unique and very much appreciated…great to have this work here.
. This kind of Main Street Analysis gets lost here with all the TA…but you are providing the why behind the moves
Thanks Cash
Hello Cashcosts, how does AEM stack up against Newmont and Newcrest mining both major producers as well?
They are all great producers, Marauder. I tend to favor Newmont as the cheapest name. Newcrest has had some very poor management decisions in recent memory.