Portfolio Adjustments to Navigate Market Volatility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 24 2026
0mins
Source: CNBC
- Portfolio Rebalancing: Amid recent market volatility, Inside Edge Capital executed three portfolio adjustments, reallocating 2% to the short-term Treasury ETF (BIL) and 5% to the inverse Nasdaq ETF (PSQ) to mitigate potential downside risks.
- Gold Holdings Reduction: Despite heightened tensions in the Middle East typically driving gold demand, Inside Edge Capital has cut its positions in Anglogold Ashanti PLC and Agnico Eagle Mines Ltd within its Strategic Income & Growth portfolio, reflecting a cautious outlook on gold due to rising real interest rates and a strengthening dollar.
- Emerging Markets Exposure Cut: In response to increasing global risk aversion, Inside Edge Capital has reduced its investments in emerging markets, notably cutting its position in Kinross Gold Corp within its more aggressive Tactical Alpha Growth portfolio, indicating diminished confidence in these markets.
- Market Liquidity Shifts: As U.S. interest rates rise and the dollar strengthens, demand for liquidity in emerging markets has decreased, leading to a flow of funds back to the U.S., with Inside Edge Capital suggesting a potential reassessment of investments related to artificial intelligence in the future.
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Analyst Views on AEM
Wall Street analysts forecast AEM stock price to rise
13 Analyst Rating
7 Buy
5 Hold
1 Sell
Moderate Buy
Current: 153.860
Low
1.60
Averages
231.12
High
337.00
Current: 153.860
Low
1.60
Averages
231.12
High
337.00
About AEM
Agnico Eagle Mines Limited is a Canadian-based and led senior gold mining company. The Company has operating mines in Canada, Australia, Finland and Mexico. It has over 70% interest in Fingold Ventures Ltd. Its operations and development projects include LaRonde Complex, Canadian Malartic Complex, Goldex Complex, Detour Lake, Macassa, Meliadine, Meadowbank Complex, Fosterville, Pinos Altos, and Kittila. Its exploration projects include Hammond Reef, Hope Bay, Upper Beaver, San Nicolas, Wasamac. Its Canadian Malartic Complex is in northwestern Quebec which consists of the Canadian Malartic mines and the Odyssey mine. The Fosterville mine is a high-grade, low-cost underground gold mine, located approximately 20 kilometers (km) from the city of Bendigo. Its Kittila mine is located in the Lapland region of northern Finland, over 150 km north of the Arctic circle. It also focuses on advancing the Ikkari project in the Central Lapland Greenstone Belt of Northern Finland.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Key Wall Street Rating Updates on Monday
- Wise Rating Upgrade: JPMorgan upgraded Wise to overweight, expecting net revenue growth in Q1 and Q2 to exceed mid-term guidance, indicating significant positive momentum in user activity and transaction volumes, which could drive stock price appreciation.
- AMD Price Target Increase: Goldman Sachs raised AMD's price target from $450 to $640, believing strong performance in server CPUs will drive quarterly results, despite potential headwinds in the PC segment, maintaining an overall bullish outlook.
- Netflix Price Target Downgrade: Goldman lowered Netflix's price target from $120 to $110 while maintaining a buy rating, anticipating upcoming earnings to face challenges in user growth and engagement due to seasonal factors and content scheduling impacts.
- IBM Price Target Increase: Bank of America raised IBM's price target from $315 to $330, noting the company's shift towards higher-margin software and M&A activities driving strong free cash flow, indicating potential for future growth.
See More
Agnico Eagle Mines Suspends Barnat Pit Operations
- Mining Suspension: Agnico Eagle Mines has temporarily suspended operations at the Barnat pit in its Canadian Malartic complex due to a rock mass movement along the north wall, resulting in a 1.4% drop in early trading.
- Geological Monitoring: The area had previously been identified as having weaker geological structures and was under enhanced geotechnical monitoring, with technical teams conducting a detailed assessment to determine next steps.
- Production Downgrade: The company expects the incident to reduce gold production at Canadian Malartic by 60,000 to 80,000 ounces in H2 2023, potentially pushing full-year output toward the lower end of its previously disclosed guidance range of 3.3 million to 3.5 million ounces.
- Long-term Impact: The Barnat pit was expected to be mined out by early 2029, and this incident could reduce production by as much as 150,000 ounces per year in both 2027 and 2028, pending the outcome of the geotechnical assessment.
See More
Lake Victoria Gold Secures Approval for Imwelo Project EPCM Team
- Project Approval Progress: Lake Victoria Gold received approval from the Tanzania Mining Commission on June 29, 2026, formally appointing City Engineering Company Ltd. as the primary EPCM contractor for the Imwelo Gold Project, marking a significant step toward construction.
- Localized Management Model: The EPCM structure combines Tanzanian engineering capabilities with international technical support, aiming to enhance local professional participation and promote economic development in Tanzania through a locally-led project delivery.
- Financing Activities Advancing: Lake Victoria Gold is progressing with a gold loan agreement of up to $25 million with Monetary Metals & Co., which, while still subject to conditions and regulatory approvals, provides financial backing for the project's construction.
- Strategic Significance: Against the backdrop of gold prices nearing record highs, the project's advancement has garnered investor attention, and the consolidation of engineering and development workflows is expected to enhance the company's position in a competitive market.
See More
Lake Victoria Gold Secures Approval for Tanzanian Project
- Project Approval Milestone: Lake Victoria Gold received approval from the Tanzania Mining Commission on June 29, 2026, formally appointing City Engineering Company Ltd. as the primary EPCM contractor for the Imwelo Gold Project, marking a significant step toward construction.
- Integrated Delivery Framework: The approved EPCM structure consolidates engineering and development workstreams under a single Tanzanian-led framework, enhancing project management efficiency and laying the groundwork for future construction decisions, reflecting improved operational discipline.
- Advancing Financing Activities: Lake Victoria Gold is negotiating with Monetary Metals & Co. for a gold loan facility of up to $25 million, which will provide essential funding support for the project's further development, ensuring it progresses as planned.
- Compliance with Local Content Regulations: The company adheres strictly to Tanzania's Mining (Local Content) Regulations, collaborating with local firms not only to meet regulatory requirements but also to enhance local professional participation, thereby increasing the project's sustainability and social responsibility.
See More
Agnico Eagle Reports Rock Mass Movement Incident
- Rock Mass Movement Incident: On July 1, 2026, a rock mass movement occurred along the north wall of the Barnat open pit at the Canadian Malartic complex, prompting Agnico Eagle to temporarily suspend mining operations in the area to ensure safety, despite no injuries or equipment damage.
- Production Impact Assessment: The company anticipates a reduction of 60,000 to 80,000 ounces in gold production for the second half of 2026, leading to an expected full-year output near the lower end of its guidance range of 3.3 to 3.5 million ounces, indicating a significant impact on production plans.
- Safety Priority Measures: Agnico Eagle's technical teams are conducting a detailed geotechnical assessment to confirm the stability of the affected area and are planning for a safe and orderly resumption of mining operations at the Barnat pit, emphasizing the company's commitment to employee safety and operational continuity.
- Future Outlook: While production at the Barnat pit is affected, the company believes that the development and production outlook for the Odyssey mine remains unaffected, with plans to achieve an annual production target of 1 million ounces of gold from the Canadian Malartic complex in the early 2030s.
See More
Agnico Eagle to Release Q2 2026 Results and Host Conference Call
- Earnings Release Schedule: Agnico Eagle Mines Limited will release its Q2 2026 results on July 29, 2026, after normal trading hours, reflecting the company's commitment to transparent financial communication aimed at bolstering investor confidence.
- Conference Call Timing: Senior management will host a conference call on July 30, 2026, at 11:00 AM (E.D.T.) to discuss financial and operational results, further enhancing interaction and information sharing with investors.
- Webcast Participation: Investors can register on the company's website to participate in the live webcast of the conference call, demonstrating the company's emphasis on digital communication to improve information dissemination efficiency.
- Replay Archive Information: The conference call replay will expire on August 30, 2026, providing a convenient review option for investors who could not participate live, thereby strengthening the connection between the company and its shareholders.
See More
Key Wall Street Rating Updates on Monday
- Wise Rating Upgrade: JPMorgan upgraded Wise to overweight, expecting net revenue growth in Q1 and Q2 to exceed mid-term guidance, indicating significant positive momentum in user activity and transaction volumes, which could drive stock price appreciation.
- AMD Price Target Increase: Goldman Sachs raised AMD's price target from $450 to $640, believing strong performance in server CPUs will drive quarterly results, despite potential headwinds in the PC segment, maintaining an overall bullish outlook.
- Netflix Price Target Downgrade: Goldman lowered Netflix's price target from $120 to $110 while maintaining a buy rating, anticipating upcoming earnings to face challenges in user growth and engagement due to seasonal factors and content scheduling impacts.
- IBM Price Target Increase: Bank of America raised IBM's price target from $315 to $330, noting the company's shift towards higher-margin software and M&A activities driving strong free cash flow, indicating potential for future growth.
See More
Agnico Eagle Mines Suspends Barnat Pit Operations
- Mining Suspension: Agnico Eagle Mines has temporarily suspended operations at the Barnat pit in its Canadian Malartic complex due to a rock mass movement along the north wall, resulting in a 1.4% drop in early trading.
- Geological Monitoring: The area had previously been identified as having weaker geological structures and was under enhanced geotechnical monitoring, with technical teams conducting a detailed assessment to determine next steps.
- Production Downgrade: The company expects the incident to reduce gold production at Canadian Malartic by 60,000 to 80,000 ounces in H2 2023, potentially pushing full-year output toward the lower end of its previously disclosed guidance range of 3.3 million to 3.5 million ounces.
- Long-term Impact: The Barnat pit was expected to be mined out by early 2029, and this incident could reduce production by as much as 150,000 ounces per year in both 2027 and 2028, pending the outcome of the geotechnical assessment.
See More
Lake Victoria Gold Secures Approval for Imwelo Project EPCM Team
- Project Approval Progress: Lake Victoria Gold received approval from the Tanzania Mining Commission on June 29, 2026, formally appointing City Engineering Company Ltd. as the primary EPCM contractor for the Imwelo Gold Project, marking a significant step toward construction.
- Localized Management Model: The EPCM structure combines Tanzanian engineering capabilities with international technical support, aiming to enhance local professional participation and promote economic development in Tanzania through a locally-led project delivery.
- Financing Activities Advancing: Lake Victoria Gold is progressing with a gold loan agreement of up to $25 million with Monetary Metals & Co., which, while still subject to conditions and regulatory approvals, provides financial backing for the project's construction.
- Strategic Significance: Against the backdrop of gold prices nearing record highs, the project's advancement has garnered investor attention, and the consolidation of engineering and development workflows is expected to enhance the company's position in a competitive market.
See More
Lake Victoria Gold Secures Approval for Tanzanian Project
- Project Approval Milestone: Lake Victoria Gold received approval from the Tanzania Mining Commission on June 29, 2026, formally appointing City Engineering Company Ltd. as the primary EPCM contractor for the Imwelo Gold Project, marking a significant step toward construction.
- Integrated Delivery Framework: The approved EPCM structure consolidates engineering and development workstreams under a single Tanzanian-led framework, enhancing project management efficiency and laying the groundwork for future construction decisions, reflecting improved operational discipline.
- Advancing Financing Activities: Lake Victoria Gold is negotiating with Monetary Metals & Co. for a gold loan facility of up to $25 million, which will provide essential funding support for the project's further development, ensuring it progresses as planned.
- Compliance with Local Content Regulations: The company adheres strictly to Tanzania's Mining (Local Content) Regulations, collaborating with local firms not only to meet regulatory requirements but also to enhance local professional participation, thereby increasing the project's sustainability and social responsibility.
See More
Agnico Eagle Reports Rock Mass Movement Incident
- Rock Mass Movement Incident: On July 1, 2026, a rock mass movement occurred along the north wall of the Barnat open pit at the Canadian Malartic complex, prompting Agnico Eagle to temporarily suspend mining operations in the area to ensure safety, despite no injuries or equipment damage.
- Production Impact Assessment: The company anticipates a reduction of 60,000 to 80,000 ounces in gold production for the second half of 2026, leading to an expected full-year output near the lower end of its guidance range of 3.3 to 3.5 million ounces, indicating a significant impact on production plans.
- Safety Priority Measures: Agnico Eagle's technical teams are conducting a detailed geotechnical assessment to confirm the stability of the affected area and are planning for a safe and orderly resumption of mining operations at the Barnat pit, emphasizing the company's commitment to employee safety and operational continuity.
- Future Outlook: While production at the Barnat pit is affected, the company believes that the development and production outlook for the Odyssey mine remains unaffected, with plans to achieve an annual production target of 1 million ounces of gold from the Canadian Malartic complex in the early 2030s.
See More
Agnico Eagle to Release Q2 2026 Results and Host Conference Call
- Earnings Release Schedule: Agnico Eagle Mines Limited will release its Q2 2026 results on July 29, 2026, after normal trading hours, reflecting the company's commitment to transparent financial communication aimed at bolstering investor confidence.
- Conference Call Timing: Senior management will host a conference call on July 30, 2026, at 11:00 AM (E.D.T.) to discuss financial and operational results, further enhancing interaction and information sharing with investors.
- Webcast Participation: Investors can register on the company's website to participate in the live webcast of the conference call, demonstrating the company's emphasis on digital communication to improve information dissemination efficiency.
- Replay Archive Information: The conference call replay will expire on August 30, 2026, providing a convenient review option for investors who could not participate live, thereby strengthening the connection between the company and its shareholders.
See More
