Agnico Eagle Mines Ltd.

Agnico Eagle Mines Ltd. (AEM) is the largest mining company in Canada and the second-largest gold producer in the world. In the fourth quarter, Agnico Eagle Mines produced 905,196 ounces of gold, which brought full-year 2025 gold production to 3.45 million ounces. The company expected to produce between 3.33 million and 3.5 million ounces of gold in 2025.

Agnico Eagle Mines also reported fourth-quarter adjusted earnings rose 37% year-over-year to $2.69 per share. The analyst community expected earnings of $2.65 per share. Total fourth-quarter revenue soared 60% year-over-year to $3.56 billion.

For its fiscal year 2025, Agnico Eagle Mines achieved earnings of $8.28 per share, up 95.7% from $4.23 per share in fiscal year 2024. Full-year revenue came in at $11.91 billion, representing 43.7% annual revenue growth.

Looking ahead to the first quarter in fiscal year 2026, the analyst community expects earnings to jump 119.6% year-over-year to $3.36 per share and for revenue to increase 66% year-over-year to $4.1 billion. Analysts have upped earnings estimates 32.8% in the past three months, which bodes well for another quarterly earnings surprise. AEM is a Conservative buy below $268.

SOM Technicals:

2-28-25: Closed at 96.28. Trade pressures are down. Volumes are bullish. The next target up is 101.45.

3-8-25: Closed at 98.79. Trade pressures are up. Volumes are bullish. The next target up is 101.45.

3-14-25: Closed at 103.60. Trade pressures are up. Volumes are bullish. The next target up is 104.49.

3-21-25: Closed at 104.34. Trade pressures are down. Volumes are bullish. The next target down is 101.40.

3-28-25: Closed at 107.35. Trade pressure are up. Volumes are bearish. The next target down is 105.12.

4-5-25: Closed at 99.48. Trade pressures are down. Volumes are bearish. The next target down is 97.21.

4-12-25: Closed at 117.65. Trade pressures are up. Volumes are bullish. The next target up is 120.

4-18-25: Closed at 121.53. Trade pressures are up but declining. Volumes are bullish. The next target up is 125.94.

4-26-25: Closed at 118.50. Trade pressures are down. Volumes are bearish. The next target down is 112.93.

5-2-25: Closed at 114.85. Trade pressures are down. Volumes are bearish. The next target down is 104.38.

5-10-25: Closed at 117.32. Trade pressures are down but rising. Volumes are bullish. The next target down is 111.59.

5-17-25: Closed at 107.90. Trade pressures are down but rising. Volumes are bearish. The next target down is 100.69.

6-27-25: Closed at 116.12. Trade pressures are down into the neutral zone. Volumes are bearish. The next target down is 105.05.

7-11-25: Closed at 119.88. Trade pressures are up. Volumes are now neutral. The next target down remains 105.05.

7-29-25: Closed at 126.30. Trade pressures are down but rising. Volumes are neutral. The next target up is the resistance at 128.48.

8-2-25: Closed at 125.31. Trade pressures are rising into the neutral zone. Volumes are bearish. The next target down is 118.08.

8-9-25: Closed at 136.38. Trade pressures are up. Volumes are bullish. At resistance. the next target down is 133.21.

8-16-25: Closed at 133.01. Trade pressures are down. Volumes are bearish. The next target down is 130.36.

8-23-25: Closed at 137.26. Trade pressures are up. Volumes are bullish. The next target up is 143.59.

8-29-25: Closed at 144.17. Trade pressures are up. Volumes are bullish. the next target up is 147.38.

9-16-25:: Closed at 152.09. Trade pressures are up but declining. Volumes are bullish. The next target down is 147.63.

9-20-25: Closed at 161.58. Trade pressures are up. Volumes are bullish. The next target up is 167.67.

11-22-25: Closed at 159.75. Trade pressures are down. Volumes are bearish. The next target up is 164.42.

11-26-25: Closed at 174.43. Trade pressures are up. Volumes are bullish. The next target up is 187.78.

12-06-25: Closed at 169.00. Trade pressures are rising into the neutral zone. volumes are bearish. The next target up is 173.57.

12-12-25: Closed at 168.27. Trade pressures are up. Volumes are bearish. The next target up is 173.45.

12-20-25: Closed at 174.21. Trade pressures are up. Volumes are bullish. The next target up is 187.60.

12-26-25: Closed at 183.36. Trade pressures are up. Volumes are neutral. The next target up is 186.26.

1-2-26: Closed at 170.41. Trade pressures are down. Volumes are bullish. The next target up is 174.46.

1-30-26: Closed at 191.14. Trade pressures are up. Volumes are bullish. The next target down is 182.14.

2-7-26: Closed at 196.60. Trade pressures are up into the neutral zone. Volumes are bearish. The next target down is 183.81.

2-14-26: Closed at 216.75. Trade pressures are down into the neutral zone. Volumes are bullish. The next target up is 219.58.

2-20-26: Closed at 228.30. Trade pressures are up. Volumes are bullish. The next target up is 234.80.

2-27-26: Closed at 251.45. Trade pressures are up. Volumes are bullish. The next target up is 261.36.

3-6-26: Closed at 223.19. Trade pressures are down. Volumes are bearish. The next target down is 206.88.

3-14-26: Closed at 207.54. Trade pressures are down. Volumes are bearish. The next target down is 195.67.

3-22-26: Closed at 177.18. Trade pressures are down. Volumes are bearish. The next target down is the 200 day MA.

 

Barrick Mining Corporation

Barrick Mining Corporation (B) was a new addition to the High-Growth Investments Buy List in the February Monthly Issue. The company is a leading global producer of gold and copper, with operations in some of the world’s most prolific gold and copper districts. During the fourth quarter, Barrick Mining produced 871,000 ounces of gold and 62,000 tonnes of copper.

Fourth-quarter revenue rose 45% year-over-year to $6 billion, and adjusted earnings soared 79.3% year-over-year to $1.04 per share. The consensus estimate called for revenue of $5.17 billion and adjusted earnings of $0.88 per share, so Barrick Mining posted a 16.1% revenue surprise and an 18.2% earnings surprise.

Looking forward, Barrick Mining expects full-year 2026 gold production between 2.9 million and 3.25 million ounces, compared to 2025 gold production of 3.26 million ounces. The company also expects to produce between 190,000 tonnes and 220,000 tonnes of copper in 2026.

Following the strong fourth-quarter results, analysts have upped first-quarter earnings estimates in the past week. First-quarter earnings are now forecast to surge 137.1% year-over-year to $0.83 per share, and revenue is expected to increase 64.2% year-over-year to $5.14 billion.  B is a Conservative buy below $56.

SOM Technicals:

2-27-26: Closed at 50.70. Trade pressures are up. Volumes are bullish. The next target up is 55.92.

3-6-26: Closed at 45.34. Trade pressures are down. Volumes are bearish. The next target down is 44.36.

3-14-26: Closed at 42.26. Trade pressures are down. Volumes are bearish. The next target down is 40.45.

3-22-26: Closed at 37.39. Trade pressures are down. Volumes are bearish. The next target down is the 200 day MA at 34.72.

 

Elbit Systems Ltd.

Elbit Systems Ltd. (ESLT) is an Israeli defense contractor that offers a wide range of systems and products – air, land and naval – for defense, homeland security and commercial applications. And demand for its systems and products has driven its backlog to a robust $25.2 billion, primarily due to an increase in European orders.

Recently, Elbit Systems secured a $277 million contract for UT30 MK2 turrets and ammo. The three-year contract comes on the heels of several other contracts valued at $435 million. So, Elbit Systems secured $712 million in contracts in just two days.

Now, Elbit Systems will announce fourth-quarter and full-year 2025 results on March 17 – and I suspect strong demand for its systems and products added to its top and bottom lines.

The consensus estimate currently calls for fourth-quarter earnings of $2.66 per share and revenue of $2.09 billion, which represents 18% year-over-year earnings growth and 8.3% year-over-year revenue growth. For its fiscal year 2025, analysts expect 40.6% annual earnings growth and 15.7% annual revenue growth. ESLT is a Conservative buy below $835.

SOM Technicals:

6-27-25: Closed at 434.10. Trade pressures are up into the neutral zone. Volumes are neutral. The next target up is 444.93.

7-11-25: Closed at 447.42. Trade pressures are in the neutral zone. Volumes are bullish. The next target up is 463.46.

7-29-25: Closed at 453.83. Trade pressures are up. Volumes are bullish. The next target up is 463.46.

8-2-25: Closed at 465.01. Trade pressures are up but declining. Volumes are bullish. The next target up is 476.04. 

8-9-25: Closed at 449.44. Trade pressures are down. Volumes are bearish. The next target down is 412.87.

8-16-25: Closed at 464.00. Trade pressures are down. Volumes are neutral. The next target down is 412.87.

8-23-25: Closed at 450.85. Trade pressures are down. Volumes are bearish. The next target down is 416.63.

8-29-25: Closed at 480.21. Trade pressures are up but declining. Volumes are neutral. The next target down is 469.43.

9-16-25: Closed at 509.92. Trade pressures are down into the neutral zone. Volumes are bullish. The next target up is 511.60.

9-20-25: Closed at 487.97. Trade pressures are up. Volumes are now neutral. The next target down is 460.24.

9-26-25: Closed at 493.57. Trade pressures are up. Volumes are neutral. The next target up is 513.04.

10-5-25: Closed at 514.99. Trade pressures are up. Volumes are bearish. The next target down is 506.68.

10-11-25: Closed at 491.47. Trade pressures are down. Volumes are bearish. The next target down is 479.65.

10-17-25: Closed at 480.00. Trade pressures are down. Volumes are bearish. The next target down is 479.65. resistance at 501.00.

11-8-25: Closed at 468.50. Trade pressures are down. Volumes are bullish. The next target down is 448.54.

11-15-25:  Closed at 473.03. Trade pressures are down. Volumes are neutral. The next target up is 485.05.

11-22-25: Closed at 473.71. Trade pressures are down. Volumes are bearish. The next target down is 462.11.

11-26-25: Closed at 469.79. Trade pressures are rising into the neutral zone. Volumes are neutral. The next target up is 473.88.

12-6-25: Closed at 483.00. Trade pressures are up but turning down. Volumes are bullish. The next target up is 499.01.

12-12-25: Closed at 515.24. Trade pressures are up. Volumes are bullish. The next target up is 527.19.

12-20-25: Closed at 554.25. Trade pressures are up. Volumes are bullish. The next target up is 630.35.

12-26-25: Closed at 570.15. Trade pressures are up but declining. Volumes are neutral. The next target down is 551.34.

1-2-26: Closed at 593.00. Trade pressures are up  but declining. Volumes are bullish. The next target up is 630.35.

1-10-26: Closed at 687.01. Trade pressures are up. Volumes are bullish. The next target up is 692.60.

1-24-26: Closed at 718.99. Trade pressures are down into the neutral zone. Volumes are bullish. The next target down is 694.25.

1-30-26: Closed at 702.57. Trade pressures are down. Volumes are bearish. The next target down is 663.68.

2-7-26: Closed at 665.00. Trade pressures are down. Volumes are bullish. The next target up is 719.17.

2-14-26: Closed at 676.43. Trade pressures are up into the neutral zone. Volumes are bearish. The next target down is 616.10.

2-20-26: Closed at 726.98. Trade pressures are up. Volumes are bullish. The next target up is 792.00.

2-27-26: Closed at 769.04. Trade pressures are up. Volumes are bullish. The next target up is 791.09.

3-6-26: Closed at 946.06. Trade pressures are up. Volumes are  bullish. The next target up is 1026. Very extended.

3-14-26: Closed at 871.11. Trade pressures are down into the neutral zone. Volumes are neutral. The next target down is 827.36.

3-22-26: Closed at 920.75. After a big rally, trade pressures are down into the neutral zone. Volumes are bullish. The next target down is 891.49.

 

Kinross Gold Corporation

Kinross Gold Corporation (KGC) is a gold mining company that’s based primarily in Canada. The company operates the Great Bear project in Red Lake, Ontario, but it also has three gold mines and a development project in the U.S. In addition, the company has a mine in Brazil, a mine and development project in Chile and a mine in Mauritania.

During the fourth quarter, Kinross Gold produced 83,582 ounces of gold equivalent in the fourth quarter, which brought its full-year 2025 gold production to two million ounces. The company expects to produce another two million ounces in 2026.

Fourth-quarter adjusted earnings surged 237.2% year-over-year to $809.3 million, or $0.67 per share. The consensus estimate called for adjusted earnings of $0.55 per share, so Kinross Gold posted a 21.8% earnings surprise.

Looking ahead to the first quarter in fiscal year 2026, Kinross Gold is expected to achieve earnings of $0.75 per share and total revenue of $2.43 billion. That represents 150% year-over-year earnings growth and 62% year-over-year revenue growth. KGC is a Conservative buy below $41.

SOM Technicals:

8-28-25: Closed at 20.90. Trade pressures are up. Volum es are bullish. the next target up is 24.54.

9-16-25: Closed at 22.89. Trade pressures are up but declining. Volumes are bullish. The next target down is 21.83.

9-20-25: Closed at 23.55. Trade pressures are down but rising. The next target up is 24.54.

11-22-25: Closed at 24.39. Trade pressures are down. Volumes are bearish. The next target down is 22.53.

11-26-25: Closed at 28.11. Trade pressures are up. Volumes are bullish. The next target up is 28.81.

12-6-25: Closed at 27.40. Trade pressures are down. Volumes are bullish. The next target down is 25.90.

12-12-25: Closed at 27.92. Trade pressures are up. Volumes are bearish. The next target down is 26.75.

12-20-25: Closed at 28.81. Trade pressures are up. Volumes are bullish. The next target up is 29.07.

12-26-25: Closed at 29.7. Trade pressures are up. Volumes are neutral. the next target up is 30.73.

1-2-26: Closed at 28.29. Trade pressures are down. Volumes are bullish. The next target up is 29.22.

1-10-26: Closed at 31.32. Trade pressures are up. Volumes are bullish. The next target up is 31.49.

1-24-26: Closed at 37.43. Trade pressures are up. Volumes are bullish. The next target up is 37.77.

1-30-26: Closed at 32.40. Trade pressures are down. Volumes are bearish. The next target down is 30.26.

2-7-26: Closed at 32.05. Trade pressures are down but rising. Volumes are bearish. The next target down is 30.73.

2-14-26: Closed at 34.43. Trade pressures are down. Volumes are bearish.  The next target up is 35.05.

2-20-26: Closed at 33.45. Trade pressures are down. Volumes are bullish. The next target down is 30.34.

2-27-26: Closed at 36.83. Trade pressures are up. Volumes are bullish. The next target up is 38.63.

3-6-26: Closed at 32.66. Trade pressures are down. Volumes are bearish. The next target down is 27.69.

3-14-26: Closed at 30.57. Trade pressures are down. Volumes are bearish. The next target down is 27.72.

3-22-26: Closed at 26.50. Trade pressures are down. Volumes are bearish. The next target down  is the 200 day MA at 24.84.

 

Micron Technology, Inc.

Micron Technology, Inc. (MU) was another addition to the Buy List in the February Monthly Issue. If you recall, Micron Technology is one of the world’s largest producers of memory chips. The company has been granted 59,000 patents and remains committed to adding to its already impressive portfolio.

The AI Revolution and data center boom have increased demand for the types of chips that Micron Technology manufactures, including DRAM, NAND and NOR. The fact is that Micron Technology’s vast range of memory and storage solutions are a critical component of data centers. And the company’s recent quarterly results revealed how in-demand its solutions are.

In its first quarter in fiscal year 2026, Micron Technology reported total revenue increased 56.7% year-over-year to $13.64 billion and earnings jumped 169.1% year-over-year to $5.48 billion, or $4.78 per share. Analysts expected earnings of $3.96 per share, so Micron Technology posted a 20.7% earnings surprise.

Micron Technology is expected to release results for its second quarter in fiscal year 2026 in mid-March. Second-quarter earnings are forecast to surge 444.9% year-over-year to $8.43 per share, and revenue is expected to soar 134.8% year-over-year to $18.9 billion. The analyst community has increased earnings estimates by a whopping 115.2% in the past three months. As you know, positive analyst revisions typically precede future earnings surprises. MU is a Moderately Aggressive buy below $485.

SOM Technicals:

2-27-26: Closed at 411.81. Trade pressures are down. Volumes are bearish. The next target down is 379.56.

3-6-26: Closed at 369.17. Trade pressures are down but rising. Volumes are bearish. The next target down is 360.46.

3-14-26: Closed at 425.00. Trade pressures are up. Volumes are bullish. The next target up is 439.00.

3-22-26: Closed at 425.50. Trade pressures are down. Volumes are bearish. The next target down is 392.47.