Agnico Eagle CEO Sees Only One Reason to Buy a Gold Stock

The head of one of the world’s most valuable gold miners believes there’s only one reason to buy a gold mining stock — and too few companies in the industry are offering it to investors.

“The only reason you want to buy an equity is if it gives you a better return than just buying gold,” Agnico Eagle Mines Ltd. Chief Executive Officer Ammar Al-Joundi said in an interview with Bloomberg.