Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 145 King Street East, Suite 400 TORONTO ON M5C 2Y7 |
Tel: | N/A |
Website: | https://www.agnicoeagle.com |
IR: | See website |
Key People | ||
Sean Boyd Executive Chairman of the Board | Ammar Al - Joundi President, Chief Executive Officer, Director | James R. Porter Chief Financial Officer, Executive Vice President - Finance |
Jean Robitaille Executive Vice-President, Chief Strategy and Technology Officer | Chris Charles Norman Vollmershausen Executive Vice-President, Legal, General Counsel and Corporate Secretary | Dominique Girard Executive Vice-President, Chief Operating Officer - Nunavut, Quebec and Europe |
Guy Gosselin Executive Vice-President, Exploration of Agnico Eagle | Carol - Ann Plummer - Theriault Executive Vice-President, Operational Excellence | Natasha Vaz Executive Vice-President, COO Ontario, Australia & Mexico |
Business Overview |
Agnico Eagle Mines Limited is a Canada-based gold mining company, which is engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. It has a pipeline of exploration and development projects in these countries as well as in the United States and Colombia. The Company's exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Monument Bay and others. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, and others. Its Pinos Altos is in the mountainous region of northern Mexico, 220 kilometers (km) west of the city of Chihuahua. Canadian Malartic, 25 km west of Val-d'Or in northwestern Quebec, is the second operating gold mine in Canada. The Detour Lake operation is located in northeastern Ontario. The Goldex mine is the easternmost part of the chain of operations and properties that it owns in the Abitibi region of northwestern Quebec and northern Ontario. |
Financial Overview |
For the nine months ended 30 September 2023, Agnico Eagle Mines Ltd revenues increased 12% to $4.87B. Net income increased from $476.1M to $2.32B. Revenues reflect Northern Business segment increase of 19% to $2.92B, Southern Business segment increase of 2% to $1.95B, Copper, Avg. Price per Met. Tonne, Total increase of 5% to $8745 per metric ton. Net income benefited from Northern Business segment income increase of 17% to $1.49B. |
Employees: | 10,125 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $37,140M as of Sep 30, 2023 |
Annual revenue (TTM): | $8,483M as of Sep 30, 2023 |
EBITDA (TTM): | $4,027M as of Sep 30, 2023 |
Net annual income (TTM): | $3,428M as of Sep 30, 2023 |
Free cash flow (TTM): | -$16.61M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $2,364M as of Sep 30, 2023 |
Shares outstanding: | 495,446,045 as of Oct 2, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |