Agnico Eagle Mines (AEM) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.67%. A quarter ago, it was expected that this gold mining company would post earnings of $0.48 per share when it actually produced earnings of $0.57, delivering a surprise of 18.75%.Over the last four quarters ...

(Kitco News) - The gold mining sector continues to show its value potential as Canada’s largest producer reported record cash margins in the first quarter.In its earnings report published Thursday after the North American trading session, Agnico Eagles Mines Ltd. announced solid earnings on robust production, lower costs, and higher gold prices.The company reported adjusted earnings of $377.5 million or $0.76 per share in the first three months of 2024. The earnings significant beat expectations, as analyst ...

| --- | --- | |---------------------------|--------------| | | | | | Exhibit 99.1 | | | | | AGNICO EAGLE | | | First Quarter Report 2024 | | | | | AGNICO EAGLE MINES LIMITED MANAGEMENT'S DISCUSSION AND ANALYSIS (Prepared in accordance with International Financial Reporting Standards) For the Three Months Ended March 31, 2024 This Management's Discussion and Analysis ("MD&A") dated April 25, 2024 of Agnico Eagle Mines Limited ("Agnico Eagle" or the "Company") should be read in conjunction with the Company's ...

Stock Symbol:   AEM (NYSE and TSX) (All amounts expressed in U.S. dollars unless otherwise noted) TORONTO, April 25, 2024 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM) (TSX:AEM) ("Agnico Eagle" or the "Company") today reported financial and operating results for the first quarter of 2024. "Building on a very strong close to 2023, we are reporting our second consecutive quarter of record operating margins and record free cash flow, on the back of solid operational and cost performance. With this stron ...

We are in the first busy week of the first-quarter 2024 earnings season as more than 1,000 companies are slated to report their quarterly financial numbers. While market participants will keenly watch the reports and guidance of technology behemoths and the “magnificent 7” companies, several other corporate bigwigs will also report their quarterly results.Some of these companies have a good chance of beating on earnings, which should drive their stock prices in the near term.Q1 Earnings Results So FarAs of ...

Investors are always looking for stocks that are poised to beat at earnings season and Agnico Eagle Mines Limited (AEM) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because AEM is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good ...

The most recent trading session ended with Agnico Eagle Mines (AEM) standing at $63.84, reflecting a +0.58% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.88%. Elsewhere, the Dow saw an upswing of 0.56%, while the tech-heavy Nasdaq depreciated by 2.05%.Shares of the gold mining company witnessed a gain of 12.56% over the previous month, beating the performance of the Basic Materials sector with its loss of 0.32% and the S&P 500's loss of 2. ...

mikulas1 After seeing only a 5.5% increase in 2023, gold miner Agnico Eagle Mines (NYSE:AEM) has had a good 2024 at the stock markets with a 12% increase year-to-date [YTD]. It would make perfect sense to assume that the spurt is associated with the safe haven investment that is gold touching all-time highs on macroeconomic developments. The latest US inflation figure of 3.5% for March indicates that the Fed can keep interest rates higher for longer. This, in turn, raises the risk of a hard landing for ...

VANCOUVER, BC, April 9, 2024 /PRNewswire/ - Capella Minerals Ltd (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) ("Capella" or the "Company") announces that the Company and Polar Transition Metals AS ("Polar"; formerly "NickelX AS") have mutually agreed on a 90-day extension of the long-stop date in order to close the asset sale agreement previously announced on October 17, 2023 (the "Agreement"). The amended long-stop date to close the Agreement is now July 7, 2024. This extension paves the way for the ongoing Ini ...

Gold continues to push higher, silver is starting to play catch-up, and more investors are beginning to pay attention to gold mining stocks. If you prefer to avoid ETFs, it may be worth considering Agnico Eagle Mines (NYSE:AEM) as a core stock in your portfolio. Agnico is a major player in the global gold mining sector. With a market capitalization of nearly $31 billion, AEM stock is a name to consider.From a fundamental perspective, this is a strong company. The most recent quarter showed earnings per shar ...