Agnico Eagle Mines is trading at CA$252.20 (-4.48%) amid broad equity weakness and lower gold prices.
- On October 14, U.S. indices were lower after hotter-than-expected inflation heightened concerns about interest rates staying higher for longer.
- Spot gold edged down 0.3% as traders assessed the inflation outlook and Fed policy; no clear same-day company-specific catalyst was found.
- The decline is substantially larger than the previous session’s -2.15% drop.