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Agnico Eagle Mines Ltd (Ontario) T.AEM

Alternate Symbol(s):  AEM

Agnico Eagle Mines Limited is a Canada-based gold mining company, which is engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. The Company has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Monument Bay and others. The Canadian Malartic Complex is located over 25 kilometers (km) west of Val-d’Or in northwestern Quebec, Canada. The Detour Lake operation is located in northeastern Ontario, over 300 km northeast of Timmins and 185 km by road northeast of Cochrane, within the northernmost Abitibi Greenstone Belt. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo.


TSX:AEM - Post by User

Post by Value2020on Nov 11, 2020 11:44am
206 Views
Post# 31877529

MJS.V Q3 Another Blowout Quarter

MJS.V Q3 Another Blowout Quarter

MJS.V Q3 Another Blowout Quarter Trading at .06c

                       Sept/19        Sept/20           

Revenue        7.10 M          13.90 M    *up 96% 
 

Net Income   1.80 M           4.7 M       *up 261% 


Gold Sold      5,524 oz        8,301 oz   *up 50%   


Avg. Price      $1,280           $1,667     *up 30%


AISC               $838              $650        *down 29%


EBITDA          3.0 M            8.5 M        *up 283%

Produced       6,273            
9,235        
*up 47%


Grade             .62                .74             *up 19%


CASH             24M             19.5M                   

* Paid 10 million for the 10 year license extention
* Paid 5.7 million in debt
* Spent 13 million on purchase of property, plant and equipment, showing up in increased production
 

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