In the most recent trading session, Agnico Eagle Mines (AEM) finished at $97.88, which is a decrease of 1.68% compared to the day before.
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SODANKYLÄ, FINLAND / ACCESS Newswire / March 4, 2025 / FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) ("FireFox" or the "Company") is excited to present an update and the latest findings from its Kolho Property in northern Finland. The exploration activities at the Kolho Property are being conducted by a subsidiary of Agnico Eagle Mines Limited (TSX: AEM) (NYSE: AEM) ("Agnico") under an Earn-In Agreement that was announced on December 20, 2023.
At the end of the last trading day, Agnico Eagle Mines (AEM) was priced at $96.28, which represents a 1.25% increase compared to the day before.
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Agnico Eagle Mines Limited (NYSE:AEM) will hold its Q4 2024 Earnings Conference Call on February 14, 2025, at 11:00 AM ET. The call will feature company leaders, including President and CEO Ammar Al-Joundi and other executives. Various financial analysts from different institutions will also participate in the call.
AEM's gold production for the quarter was 847,401 ounces, which is a decrease from 903,208 ounces in the same quarter last year.
Agnico Eagle has reported outstanding results for the year, achieving a record free cash flow of around $2.14 billion and impressive AISC margins of about 51% in Q4-24, which are among the best in the industry. The company also exceeded its guidance midpoint for the second year in a row and maintained good cost control, with AISC at approximately $1,239 per ounce, despite increased sustaining capital costs. Additionally, Agnico has experienced significant exploration success, with extra mill capacity at Malartic and untapped potential at Detour, which could lead to production exceeding 1 million ounces per year in the future.
Agnico Eagle Mines (AEM) reported quarterly earnings of $1.26 per share, which is higher than the Zacks Consensus Estimate of $1.17 per share. This is an increase compared to earnings of $0.57 per share from the same period last year.
AEM's performance is likely to show the advantages of increased gold prices and solid production levels.