2 Mining Stocks to Buy in March

Mining stocks successful wide person been connected the diminution since conscionable aft the U.S. and Israel attacked Iran connected Feb. 28. Normally, golden and different precious metals are seen arsenic safe-haven assets successful times of uncertainty, and initially, mining stocks surged successful the aftermath of the attack.

However, erstwhile it became wide that the ongoing hostilities would effect successful lipid proviso disruptions that would propulsion Brent crude to much than $100 a barrel, mining stocks slumped. That's due to the fact that rising costs for vigor mean higher inflation, and perchance adjacent involvement complaint increases, and precious metals thin to underperform during periods of precocious oregon rising involvement rates.

Will AI make the world's archetypal trillionaire? Our squad conscionable released a study connected the 1 little-known company, called an "Indispensable Monopoly" providing the captious exertion Nvidia and Intel some need. Continue »

Not each mining stocks person been taking a header, though. Canadian players Agnico Eagle Mines (NYSE: AEM) and Wheaton Precious Metals (NYSE: WPM) are up much than 19% and 22%, respectively, truthful acold this year, adjacent arsenic the S&P 500 is down much than 3%.

Agnico Eagle is Canada's largest mining institution and the second-largest golden shaper successful the satellite down Newmont. One of the astir compelling reasons to favour it is its low-risk jurisdictional profile, arsenic the institution operates chiefly successful unchangeable countries specified arsenic Canada, Australia, and Finland, which provides it with a important information premium during times of aggravated geopolitical struggle successful the Middle East.

In 2025, Agnico reported net per stock (EPS) of $8.89, up 135%, and net earlier interest, taxes, depreciation, and amortization (EBITDA) of $8.8 billion, up 89%. The institution demonstrated beardown operational ratio by keeping its all-in sustaining costs for golden astatine $1,339 per ounce, good beneath galore peers. That's allowing it to seizure adjacent higher margins arsenic golden prices person surged past $5,000 per ounce.

The institution besides boosted its 2026 quarterly dividend by 12.5% aft returning a institution grounds $1.4 cardinal to investors successful 2025 done dividends and stock buybacks. Even with that payout increase, however, its output is lone 0.8%, and its payout ratio is lone 18%, truthful much hikes could beryllium successful the future.

Agnico is actively buying up different mining companies, including O3 Mining, which it acquired a twelvemonth ago. It has besides precocious taken equity stakes successful Perpetua Resources and different Canadian inferior mining companies.

Over the adjacent 3 years, Agnico is predicting unchangeable yearly golden accumulation of 3.3 cardinal ounces to 3.5 cardinal ounces.