Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Agnico Eagle ( (TSE:AEM) ) has shared an announcement.
On February 13, 2025, Agnico Eagle Mines Limited announced its financial and operational results for the fourth quarter and full year of 2024, highlighting record gold production and free cash flow. The company reported a reduction in net debt by $1.3 billion and returned nearly $1 billion to shareholders, showcasing its robust financial health. The exploration program has successfully increased mineral reserves and resources, and the company has issued a stable three-year production guidance, anticipating continued strong returns. Agnico Eagle’s strategic focus on cost management and capital discipline is expected to maintain its competitive edge in the industry, with increased investments in pipeline projects poised to support future growth.
More about Agnico Eagle
Agnico Eagle Mines Limited is a major player in the mining industry, focusing primarily on the production of gold. The company is based in Toronto, Canada, and is listed on both the New York Stock Exchange and the Toronto Stock Exchange under the symbol AEM. Agnico Eagle is known for its extensive exploration and development projects, which have secured its position as a leader in gold production with a commitment to operational efficiency and cost control.
YTD Price Performance: 21.42%
Average Trading Volume: 1,846,616
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $49.92B
Learn more about AEM stock on TipRanks’ Stock Analysis page.
