AXMIN Inc (TSXV: AXM)
AXMIN Inc. (TSXV:AXM) is a Canadian-based exploration and development company with a strong focus on central and West Africa.
According to the latest Gallup poll, real estate remains the top long-term investment choice for U.S. citizens, with a 37% approval rate, while gold has surpassed stocks to claim the second spot with a 23% preference rate. In contrast, stock market support has dropped from 22% last year to just 16%, reflecting investor concerns over short-term market volatility. Meanwhile, cryptocurrencies have further declined in popularity, with only 4% of respondents considering them the best investment option.
Gallup reveals that 37% of adults believe real estate is the best long-term investment, slightly higher than last year’s 36%. Meanwhile, stocks, which ranked second last year at 22%, have seen a sharp decline, with only 16% of respondents favoring them.
Conversely, gold has risen to second place, with 23% of respondents choosing it over other options. Analysts suggest this shift may be due to macroeconomic instability and a bullish rally in the precious metal since January, driving prices to record highs.
If you have $5,500 and have been considering stock investments but feel “buying paralysis” amid recent pullbacks in the S&P 500 and Nasdaq 100, you’re not alone. However, historical data shows that investors who buy during market downturns often achieve higher long-term returns.
This article highlights one mining stock that may appeal to medium- to long-term investors. This gold mining company is Agnico Eagle Mines (TSX:AEM), which has shown strong recent performance and is poised for further gains.
At current prices, gold mining stocks offer significantly greater value than physical gold! In fact, if you held a gold ETF or a one-ounce gold coin over the past year, your returns would have been quite solid—around 45.5%. However, if you held a top-tier miner like Agnico, your gains would be nearly 80%. This doesn’t even include dividends, as Agnico currently offers a 1.4% dividend yield, with recent rapid growth in payouts.
Analysts believe that with a strong fiscal first-quarter performance and robust production, Agnico is set to further outpace its peers in the gold sector. Agnico’s stock is a buy for appreciation and a hold for dividends.
