Agnico Eagle Mines Limited (T:AEM*CA)

Business Focus: Gold Mining

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
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Key People
Sean Boyd
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 N.D. Vaz
Executive Vice-President, Chief Operating Officer Ontario, Australia & Mexico
Business Overview
Agnico Eagle Mines Limited is a Canada-based gold mining company 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. 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, Hope Bay/ Oro, 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 six months ended 30 June 2024, Agnico Eagle Mines Ltd (Ontario) revenues increased 21% to $3.91B. Net income decreased 62% to $819.2M. Revenues reflect Northern Business segment increase of 33% to $2.49B, Southern Business segment increase of 4% to $1.42B, Copper - Production - Total increase of 54% to 2K metric tons. Dividend per share remained flat at $0.80.
Employees: 10,155 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $54,487M as of Jun 30, 2024
Annual revenue (TTM): $9,914M as of Jun 30, 2024
EBITDA (TTM): $5,066M as of Jun 30, 2024
Net annual income (TTM): $837.06M as of Jun 30, 2024
Free cash flow (TTM): $923.39M as of Jun 30, 2024
Net Debt Last Fiscal Year: $1,435M as of Jun 30, 2024
Shares outstanding: 500,814,724 as of Sep 4, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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