Agnico Eagle Mines Limited (AEM)
Agnico Eagle Mines Limited (AEM) Q4 2024 Earnings Call Transcript
Agnico Eagle Mines Limited (NYSE:AEM ) Q4 2024 Earnings Conference Call February 14, 2025 11:00 AM ET Company Participants Ammar Al-Joundi - President and CEO Jamie Porter - EVP of Finance and CFO Natasha Vaz - EVP and Chief Operating Officer, Ontario, Australia and Mexico Dominique Girard - EVP and Chief Operating Officer, Nunavut, Quebec and Europe Guy Gosselin - EVP of Exploration Conference Call Participants Anita Soni - CIBC World Markets Joshua Wolfson - RBC Capital Markets Daniel Major - UBS Lawson Winder - Bank of America Securities Michael Parkin - National Bank Financial, Inc. John Tumazos - John Tumazos Very Independent Research Tanya Jakusconek - Scotiabank Operator Good morning. My name is Joelle, and I'll be your conference operator today.
Agnico Eagle: Another Blowout Quarter
Agnico Eagle reported another year of phenomenal results, including record free cash flow generation of ~$2.14 billion and ~51% AISC margins in Q4-24, which came in at industry-leading levels. Notably, it also beat its guidance midpoint for the second consecutive year and saw solid cost control (~$1,239/oz AISC) despite higher sustaining capital in the period that impacted costs. Finally, Agnico has seen no shortage of exploration success with excess mill capacity at Malartic and untapped potential at Detour. These assets could grow to 1.0-plus million ounces/year longer term.
Agnico Eagle's Earnings and Revenues Beat Estimates in Q4
Payable gold production of AEM was 847,401 ounces in the reported quarter, down from 903,208 ounces in the prior-year quarter.
Agnico Eagle Mines (AEM) Q4 Earnings and Revenues Surpass Estimates
Agnico Eagle Mines (AEM) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $0.57 per share a year ago.
Agnico Eagle to Post Q4 Earnings: What's in the Cards for the Stock?
AEM's performance is expected to reflect the benefits of higher gold prices and strong production.
Agnico Eagle Mines (AEM) Outperforms Broader Market: What You Need to Know
Agnico Eagle Mines (AEM) concluded the recent trading session at $98.96, signifying a +0.37% move from its prior day's close.
Agnico Eagle Mines (AEM) Reports Next Week: Wall Street Expects Earnings Growth
Agnico (AEM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Agnico Eagle Mines (AEM) is a Top-Ranked Momentum Stock: Should You Buy?
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Why Agnico Eagle Mines (AEM) is a Top Growth Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Trump's Trade War: 2 Deeply Undervalued Dividend Stocks Poised To Win Big
The U.S. tariffs on Canada, Mexico, and China are causing market concerns. However, there are likely going to be some winners from the trade war. We share 2 deeply undervalued dividend stocks poised to win big.
Alamos: A Tasty Morsel For Agnico Eagle
Alamos Gold's strong financials, including a 41% YoY revenue rise and 100% EPS growth, make it a prime investment candidate. The company's long mine life, low ASIC, and high-quality assets in stable jurisdictions enhance its attractiveness. Agnico Eagle's history of strategic acquisitions and strong financial position make a takeover of Alamos plausible and beneficial.
Agnico Eagle Mines (AEM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Agnico Eagle Mines (AEM) reachead $92.94 at the closing of the latest trading day, reflecting a -1.61% change compared to its last close.
