Teuton Resources Corp V.TUO

AEM 2nd quarter - net income $472 million cunninghamed

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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