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  5. AEM: I am wondering about the exposure of the following natural resource stocks to tariffs. [Agnico Eagle Mines Limited]
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Q: I am wondering about the exposure of the following natural resource stocks to tariffs. Would you consider selling any?
Asked by kevin on January 14, 2025
5i Research Answer:

Most of TFPM's mines are outside the US (It does have $26M in US revenue) and we would not expect an impact. AEM is not likely to be impacted, nor is WPM. It remains to be seen what happens with oil (SU) but because we export so much oil to the US we doubt that oil gets impacted much in general.

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