Bullboard - Stock Discussion Forum Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

Teuton Resources Corp. is a Canada-based exploration stage company. The Company is in the business of acquiring, exploring and dealing in mineral properties in the province of British Columbia, Canada. It owns interests in more than thirty properties in the prolific Golden Triangle area of northwest British Columbia. The Company’s property portfolio includes, Treaty Creek Property, Eskay Rift... see more

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TSXV:TUO - Post Discussion

Teuton Resources Corp > AEM 2nd quarter - net income $472 million cunninghamed

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Post by highper on Jul 31, 2024 6:41pm

AEM 2nd quarter - net income $472 million cunninghamed

Average realized gold price was $2,062 in Q1. In Q2, it was $2,342.

Cash provided by operation was up 33% from the say period a year ago.

Compared to the same period a year ago, net income was up 46% to $472.0 million or $0.95 per share.

Maintain guidance at 3.35 to 3.55 million ounces in 2024

Kitco News - Agnico Eagle Mines (NYSE:AEM) reported today record net income and record free cash flow in Q2 on higher gold prices.

Average realized gold price was $2,062 in Q1. In Q2, it was $2,342.

Compared to the same period a year ago, net income was up 46% to $472.0 million or $0.95 per share. Compared to the prior period, net income in the second quarter was up 36%.

"We continue to deliver strong and reliable operational results which, combined with higher gold prices, drove record operating margin and free cash flow for the third consecutive quarter," said Ammar Al-Joundi, Agnico Eagle's president and CEO. "We generated over half of a billion dollars of free cash flow in the second quarter."

https://www.kitco.com/news/article/2024-07-31/agnico-eagle-mines-reports-record-cash-haul-q2-boosts-exploration

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