Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 145 King Street East, Suite 400 TORONTO ON M5C 2Y7 |
Tel: | N/A |
Website: | N/A |
IR: | N/A |
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. The Company has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Monument Bay and others. The Canadian Malartic Complex is located over 25 kilometers (km) west of Val-d'Or in northwestern Quebec, Canada. The Detour Lake operation is located in northeastern Ontario, over 300 km northeast of Timmins and 185 km by road northeast of Cochrane, within the northernmost Abitibi Greenstone Belt. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo. |
Financial Overview |
For the fiscal year ended 31 December 2023, Agnico Eagle Mines Ltd (Ontario) revenues increased 15% to $6.63B. Net income increased from $670.2M to $1.94B. Revenues reflect Northern Business segment increase of 24% to $4.02B, Southern Business segment increase of 4% to $2.61B, Canada segment increase of 21% to $5.26B, Finland segment increase of 10% to $448.7M, Mexico segment increase of 7% to $364.4M. |
Employees: | 10,155 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $41,291M as of Dec 31, 2023 |
Annual revenue (TTM): | $8,991M as of Dec 31, 2023 |
EBITDA (TTM): | $4,371M as of Dec 31, 2023 |
Net annual income (TTM): | $2,634M as of Dec 31, 2023 |
Free cash flow (TTM): | $404.08M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $2,246M as of Dec 31, 2023 |
Shares outstanding: | 498,940,643 as of Mar 15, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |