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AGNICO EAGLE ANNOUNCES INVESTMENT IN RUPERT RESOURCES LTD.
Prnewswire· 2025-04-01 13:20
Stock Symbol: AEM (NYSE and TSX) TORONTO, April 1, 2025 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle") announced today that it has acquired 2,602,500 common shares ("Common Shares") of Rupert Resources Ltd. ("Rupert") in a non-brokered private placement at a price of C$4.50 per Common Share for total consideration of C$11,711,250 (the "Private Placement"). Concurrent with the closing of the Private Placement, Agnico Eagle exercised its right under an investor rights agreem ...
Agnico Eagle: stock surge leaves little room for more gains, analysts say
Proactiveinvestors NA· 2025-03-31 19:25
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking technology adopter, utilizing technologies to enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
5 Gold Stocks Likely to Tide Industry Headwinds
ZACKS· 2025-03-27 17:21
Despite gold prices hovering near record levels, the Zacks Mining - Gold industry’s outlook remains challenged by escalating production costs and a tight labor market. Depleting resources, declining output from old mines and the extended lead times involved in bringing new mines online, along with the capital-intensive nature of such projects, indicate the industry is headed for a supply deficit, which is concerning. Amid this uncertainty, Agnico Eagle Mines (AEM) , Barrick Gold (GOLD) , Franco-Nevada Corpo ...
Agnico Eagle Mines: Safe Haven Investing Supports Gold Miners
Seeking Alpha· 2025-03-26 21:38
Core Insights - Agnico Eagle Mines (NYSE: AEM) has seen its stock price increase by over 25% since December, indicating strong market performance and investor interest [1] - Previous estimates suggested a potential upside of 47% for AEM over the next year, highlighting the company's growth potential in the gold mining sector [1] Company Overview - Agnico Eagle Mines is a Canadian gold miner that has been recognized for its strong performance in the market [1] - The company operates within the broader context of the green economy, which is gaining traction among investors seeking sustainable opportunities [1] Market Context - The investment landscape is shifting towards sectors that align with environmental sustainability, as indicated by the focus of investment groups like Green Growth Giants [1]
AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF FIRST QUARTER 2025 RESULTS, CONFERENCE CALL AND ANNUAL MEETING
Prnewswire· 2025-03-25 11:30
Stock Symbol: AEM (NYSE and TSX)TORONTO, March 25, 2025 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") today announced that it will release its first quarter 2025 results on Thursday, April 24, 2025, after normal trading hours. Additionally, the Company will host its Annual and Special Meeting of Shareholders (the "AGM") the following day, Friday, April 25, 2025, in a hybrid format (in Toronto and virtually).First Quarter 2025 Results Conference Call and W ...
Agnico Eagle Declares Additional Investment in Cartier Resources
ZACKS· 2025-03-24 12:20
Agnico Eagle Mines Limited (AEM) has entered into an agreement to subscribe for 20,770,000 units of Cartier Resources Inc. in a non-brokered private placement at a price of C$0.13 per unit, totaling C$2,700,100. Each unit consists of one common share of Cartier and one common share purchase warrant, which gives the holder the right to acquire one common share at a price of C$0.18 for five years after the private placement closes, with the possibility of acceleration in certain cases. The closing of the tran ...
2 Dirt-Cheap Dividend Sectors With Massive Tailwinds Investors Are Ignoring
Seeking Alpha· 2025-03-24 11:05
Samuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded dividend stock research firms and running his own dividend investing YouTube channel. He is a Professional Engineer and Project Management Professional and holds a B.S. in Civil Engineering & Mathematics from the United States Military Academy at West Point and has a Masters in Engineering from Texas A&M with a focus on applied mathematics and machine learning.Samuel leads the High Yield Inve ...
Agnico Eagle Mines (AEM) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-03-21 22:46
Company Performance - Agnico Eagle Mines (AEM) closed at $104.34, reflecting a -1.02% change from the previous day, underperforming the S&P 500's daily gain of 0.08% [1] - The stock has increased by 7.52% over the past month, contrasting with the Basic Materials sector's decline of 1.45% and the S&P 500's drop of 7.33% [1] Upcoming Earnings - The company is expected to report an EPS of $1.02, representing a 34.21% increase from the same quarter last year [2] - Revenue is forecasted to be $2.24 billion, indicating a 22.4% rise compared to the year-ago quarter [2] Full Year Estimates - For the full year, earnings are projected at $4.53 per share and revenue at $9.17 billion, showing increases of +7.09% and +10.65% respectively from the previous year [3] Analyst Estimates - Recent modifications to analyst estimates reflect near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system, which assesses estimate changes, provides actionable ratings for investors [5] Zacks Rank and Valuation - Agnico Eagle Mines currently holds a Zacks Rank of 3 (Hold), with a recent downward shift of 2.32% in the EPS estimate [6] - The company's Forward P/E ratio is 23.29, which is a premium compared to the industry's Forward P/E of 13.95 [7] - The PEG ratio stands at 0.74, while the Mining - Gold industry has an average PEG ratio of 1.01 [7] Industry Context - The Mining - Gold industry is part of the Basic Materials sector and has a Zacks Industry Rank of 143, placing it in the bottom 44% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN CARTIER RESOURCES INC.
Prnewswire· 2025-03-20 12:30
Core Viewpoint - Agnico Eagle Mines Limited has agreed to subscribe for 20,770,000 units of Cartier Resources Inc. in a non-brokered private placement, totaling C$2,700,100, with each unit consisting of one common share and one purchase warrant [1] Group 1: Private Placement Details - The private placement price is set at C$0.13 per unit, with each warrant allowing the purchase of a common share at C$0.18 for five years [1] - Closing of the private placement is expected around April 10, 2025, subject to certain conditions [1] Group 2: Ownership Structure - Post-private placement, Agnico Eagle will own approximately 27.7% of Cartier's common shares on an undiluted basis and 32.2% on a partially-diluted basis, assuming the exercise of existing and new warrants [2] - Currently, Agnico Eagle holds 97,022,944 common shares and 7,000,000 existing warrants, representing about 26.6% undiluted and 28.0% partially-diluted ownership [2] Group 3: Investor Rights Agreements - Agnico Eagle's rights include participation in equity financings to maintain ownership interest and the right to nominate board members, which have been amended to allow for increased ownership thresholds and board nominations [3][4] - The existing investor rights agreements were updated to enhance Agnico Eagle's participation rights and board nomination capabilities [4] Group 4: Company Profile - Agnico Eagle is a senior gold mining company, recognized as the third largest gold producer globally, with operations in Canada, Australia, Finland, and Mexico [8] - The company has a history of consistent shareholder value creation, having declared cash dividends annually since 1983 [8]
Agnico Eagle Completes Acquisition of 100% of O3 Mining
Prnewswire· 2025-03-18 17:00
Core Points - Agnico Eagle Mines Limited has completed the acquisition of 100% of the outstanding common shares of O3 Mining Inc., making O3 Mining a wholly-owned subsidiary of Agnico Eagle [1][2] - Shareholders of O3 Mining will receive $1.67 in cash per common share as part of the amalgamation [2] - The common shares of O3 Mining are expected to be delisted from the TSX Venture Exchange around March 20, 2025 [3] Company Information - Agnico Eagle is a senior gold mining company based in Canada and is the third largest gold producer globally, with operations in Canada, Australia, Finland, and Mexico [8] - The company has a history of consistent value creation for shareholders, having declared a cash dividend every year since 1983 [8]