Foster: Agnico-Eagle has gone through a big growth spurt and they have had operating issues ... They've started up five new mines in the last three years, which is a tall order. We believe they have all of their operating risks behind them and they should reach steady production as we move into year-end and I think the market's going to pay up for that. Now the stock has already moved about 18% so far this year. Does it really have that much more room to run? Foster: Yes, if you look back at the past 18-24 months the stock has underperformed because of the operating issues so there's more catch up to do for Agnico and their share price.
While causing upset among politicians and some business leaders, President Donald Trump's withdrawal of the U.S. from the Paris Agreement helped boost stock prices across the chemicals and automotive sectors.