Quote Overview

Stock Activity

Open	62.67
Day Low	62.55
Day High	63.78
52 Wk Low	43.25
52 Wk High	64.20
Avg. Volume	3,682,296
Market Cap	31.37 B
Dividend	1.60 ( 2.54%)
Beta	1.06

Key Earnings Data

Earnings ESP	3.15%
Most Accurate Est	0.60
Current Qtr Est	0.58
Current Yr Est	2.52
Exp Earnings Date	^*AMC4/25/24
Prior Year EPS	2.23
Exp EPS Growth (3-5yr) 26.64%
Forward PE	25.00
PEG Ratio	0.94

Basic Materials » Mining - Gold

*BMO = Before Market Open *AMC = After Market Close

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Style Scores C Value D Growth D Momentum C VGM
Zacks Rank	Buy 2
Zacks Industry Rank	Top 19%(48 out of 252)
Zacks Sector Rank	Top 13% (2 out of 16)
Earnings ESP	3.15%
Research Reports for AEM Analyst \| Snapshot

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Premium Research: Industry Analysis

Top Peers	Symbol	Zacks Rank
Agnico Eagle Mines	AEM
AngloGold Ashanti PLC	AU
Gold Fields Limited	GFI
Comstock Inc.	LODE
Harmony Gold	HMY
New Found Gold Corp.	NFGC
TRX Gold Corporation	TRX

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Company Summary

Toronto, Canada-based Agnico Eagle Mines Limited is a gold producer with mining operations in Canada, Mexico and Finland, and exploration activities in Canada, Europe, Latin America and the United States. It successfully completed its merger with Kirkland Lake Gold in February 2022.

Agnico Eagle’s LaRonde mine in Quebec is one of Canada’s largest operating gold mines by gold reserves and has provided the company’s foundation for domestic and international expansion. The company produced 3,439,654 ounces of gold in 2023. Its proven and probable gold reserves (net of production) totaled 1,287 million tons at the end of 2023.

The company’s revenues increased around 15% year over year to roughly $6,626 million in 2023. The company’s measured and indicated mineral resources increased 1% in 2023.

Agnico Eagle operates through two broader segments: Northern Business (95% of 2023 production) and Southern Business (5%).

Northern Business include the 100%-owned LaRonde and Goldex mines, and 100% interest in the Canadian Malartic mine, all based in Quebec, as well as the 100%-owned Meadowbank and Meliadine mines in Nunavut in northern Canada, and the 100%-owned Kittila mine in Lapland in northern Finland.

Southern Business consists of the 100%-owned Pinos Altos mine and Creston Mascota satellite mine, both in Chihuahua in northern Mexico as well as the 100%-owned La India mine in Sonora in northern Mexico.

On Apr 16, 2014, Agnico Eagle and Yamana Gold Inc. (AUY) entered into an agreement to jointly acquire 100% issued and outstanding common shares of Osisko Mining Corporation for a total consideration of roughly C$3.9 billion, or C$8.15 per share ($3.55 billion or $7.43 per share). The acquisition closed in June 2014. Under the agreement, Agnico Eagle and Yamana acquired 50% of Osisko, and set up a joint committee to operate the Canadian Malartic Mine (“CMC”) in Quebec.

In March 2018, Agnico Eagle acquired Yamana’s 50% indirect interest in the Canadian exploration assets of CMC, including the Hammond Reef and Kirkland Lake gold projects. The company now has 100% ownership of the CMC assets.