Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%

Institutional Options Signal Turning Point For Agnico Eagle Mines Post Merger

ByYahoo Finance
1 day ago
Source:Yahoo Finance
Agnico Eagle Mines Limited logo
Related Company
Agnico Eagle Mines Limited
$AEM
View Company →

Institutional investors are trading unusually large and mixed options contracts in Agnico Eagle Mines (NYSE:AEM), pointing to expectations of a major company event. The activity follows Agnico Eagle Mines' merger with Kirkland Lake Gold, after which the combined group reported higher production levels and gold reserves. These developments are drawing attention from long term shareholders and sector watchers who are tracking potential company level changes. Agnico Eagle Mines, now combined...

Institutional investors are trading unusually large and mixed options contracts in Agnico Eagle Mines (NYSE:AEM), pointing to expectations of a major company event. The activity follows Agnico Eagle Mines' merger with Kirkland Lake Gold, after which the combined group reported higher production levels and gold reserves. These developments are drawing attention from long term shareholders and sector watchers who are tracking potential company level changes. Agnico Eagle Mines, now combined...

Continue reading on
Yahoo Finance
Read Full Article →
◆ ◆ ◆