Bullboard - Stock Discussion Forum Agnico Eagle Mines Ltd T.AEM

Alternate Symbol(s): AEM

Metals & Mining Gold

Agnico Eagle Mines Limited is a Canada-based gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. It 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... see more

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Agnico Eagle Mines Ltd > Another View

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Post by retiredcf on Aug 05, 2024 12:31pm

Another View

Once we get past the current market malaise of course. GLTA

AEM beat EPS estimates of 91c coming in at $1.07. Revenue also beat estimates of $2.03B coming in at $2.08B and grew 21% year-over-year. Production and cost guidance was reiterated. Higher gold prices helped drive record operating margins and free cash flow (and we do expect this to continue). We think this was a good quarter with nice beats on revenue and EPS. We would be fine adding to a position. (5iResearch)

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