Why Agnico Eagle Mines Stock Dropped Today

Key Points Both silver and gold sold off this morning, with silver losing about twice as much value as gold. Silver prices hit an all-time high last night. 10 stocks we like better than Agnico Eagle Mines › Agnico Eagle Mines (NYSE: AEM) stock tumbled 5.7% through 11:30 a.m. ET Monday on a big reversal of the precious metals trade. As CNBC reports, silver hit an all-time high price north of 80anouncelastnight,butdroppeddramaticallythismorningastraderstookprofits,fallingaslowas80 an ounce last night, but dropped dramatically this morning as traders took profits, falling as low as 7 ...