Agnico Eagle Mines Q1 Adjusted Earnings, Revenue Rise

MT Newswires Live
04-25

Agnico Eagle Mines (AEM) reported Q1 adjusted net income late Thursday of $1.53 per diluted share, up from $0.76 a year earlier.

Analysts polled by FactSet, on average, expected $1.38.

Revenue for the quarter ended March 31 was $2.47 billion, up from $1.83 billion a year earlier.

Analysts expected $2.26 billion.

For 2025, the mining company is reiterating its forecast of producing 3.3 million to 3.5 million ounces of gold at a total cash cost of $915 to $965 per ounce. It also expects all-in sustaining costs to range between $1,250 and $1,300 per ounce.

The company said it maintained its quarterly dividend at $0.40 per share, payable on June 16 to shareholders of record as of May 30.

Shares of Agnico Eagle were up over 1% during Thursday's US after-hours session.

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