This Top Gold Stock Could Keep Climbing in 2026

As economical uncertainty has grown, investors person progressively turned to golden arsenic an alternate to accepted investments successful stocks, bonds, and different plus classes. Gold soared successful 2025, and already successful the opening days of 2026, the yellowish metallic has continued to summation momentum. That's been bully quality for Agnico Eagle Mines (NYSE: AEM), 1 of the premier gold-mining companies successful the world.

The archetypal 2 parts of this Voyager Portfolio series connected Agnico Eagle gave a wide overview of the Canadian miner's concern and highlighted the sources of the golden stock's fiscal success. In this last installment, you'll get a peek astatine Agnico Eagle's astir promising opportunities to boost accumulation from existing mines and to make caller projects.

Agnico Eagle has a elaborate blueprint for aboriginal growth. Through optimization of existing assets and caller exploration, the miner has short-term, intermediate-term, and semipermanent goals. Most of its near-term goals are geared toward expanding accumulation connected existing mines, though transitions from above-ground operations to underground enactment volition besides play a role. In the mid-term, the absorption mostly shifts to undeveloped assets. Long-term, Agnico Eagle hopes that the areas surrounding its existing mines volition besides crook retired to beryllium afloat of invaluable resources, making aboriginal maturation simpler.

The mineral reserves astatine imaginable caller projects are extensive. Upper Beaver has 2.8 cardinal ounces of gold, and Agnico Eagle believes that its Hope Bay spot successful Nunavut could make 400,000 ounces per year. In addition, the San Nicolas task successful Mexico, which is simply a 50/50 associated task with mining banal adjacent Teck Resources (NYSE: TECK), is simply a volcanogenic monolithic sulfide (VMS) deposit that could wage disconnected not conscionable successful golden but successful basal metals similar copper, zinc, oregon lead.

What's evident, though, is that 2 cardinal complexes basal retired from the rest. The Canadian Malartic portion is progressing toward imaginable yearly accumulation of 1 cardinal ounces of gold. The archetypal signifier of enlargement is presently nether way, with the modulation to underground mining astatine the Odyssey archetypal shaft could nutrient 550,000 ounces by itself. A imaginable 2nd shaft is nether evaluation, with an update expected adjacent year. If successful, it could adhd different 220,000 ounces to production. With outer deposits astatine Marban and Wasamac contributing different 230,000 ounces per year, Agnico Eagle's million-ounce aspirations look similar a tenable semipermanent possibility.