AEM Stock Surges 15% With A 7-day Winning Spree On Record Gold Prices
Agnico Eagle Mines (AEM) stock hit day 7-day winning streak, with cumulative gains over this period amounting to a 15%. The company market cap has surged by about $12 Bil over the last 7 days, and currently stands at $98 Bil.
The stock has YTD (year-to-date) return of 14.6% compared to 1.9% for S&P 500. This calls for a re-evaluation of the stock’s valuation to find out whether this is an opportunity, or a trap.
What Triggered The Rally?
[1] Record-High Gold Prices
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- Gold price vaulted above $4,600 per ounce
- Geopolitical tensions boosted safe-haven demand for gold
- Impact: Sector-Wide Momentum, Breakout to 52-Week High
[2] Sustained Institutional Accumulation
- Stock rated a ‘Technical 10/10’ for trend strength
- Over 72% of the stock is owned by institutions
- Impact: Strong Technical Ratings, Increased Trading Volume
Opportunity or Trap?
Below is our take on valuation.
There is not much to fear in AEM stock given its overall Very Strong operating performance and financial condition. This is aligned with the stock’s High valuation because of which we think it is Fairly Priced (For details, see Buy or Sell AEM).
But here is the real interesting point.
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Returns vs S&P 500
The following table summarizes the return for AEM stock vs. the S&P 500 index over different periods, including the current streak:
| Return Period | AEM | S&P 500 |
|---|---|---|
| 1D | 1.7% | 0.2% |
| 7D (Current Streak) | 14.6% | 1.9% |
| 1M (21D) | 18.4% | 1.3% |
| 3M (63D) | 18.5% | 6.5% |
| YTD 2026 | 14.6% | 1.9% |
| 2025 | 119.5% | 16.4% |
| 2024 | 46.0% | 23.3% |
| 2023 | 9.0% | 24.2% |
However, big gains can follow sharp reversals – but how has AEM behaved after prior drops? See AEM Dip Buyer Analysis to learn more.
Gains and Losses Streaks: S&P 500 Constituents
There are currently 96 S&P constituents with 3 days or more of consecutive gains and 22 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 79 | 15 |
| 4D | 8 | 6 |
| 5D | 3 | 1 |
| 6D | 3 | 0 |
| 7D or more | 3 | 0 |
| Total >=3 D | 96 | 22 |
Key Financials for Agnico Eagle Mines (AEM)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $6.6 Bil | $8.3 Bil |
| Operating Income | $1.7 Bil | $3.1 Bil |
| Net Income | $1.9 Bil | $1.9 Bil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ2 | 2025 FQ3 |
|---|---|---|
| Revenues | $2.8 Bil | $3.1 Bil |
| Operating Income | $1.5 Bil | $1.6 Bil |
| Net Income | $1.1 Bil | $1.1 Bil |
While AEM stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.