brightstars Gold has been one of the most detested assets over the last ten years. And why not? With tech stocks, cryptocurrencies, and other assets appreciating by hundreds or thousands of percent, gold's price has essentially gone nowhere over the last decade, appreciating by only around 50%. Spot Gold Price: 10-Year Chart Spot gold (seekingalpha.com ) However, there are specific reasons for gold's "recent" underperformance, and things will likely change. As the Fed transitions to a more accessible moneta ...

Agnico Eagle Mines Limited (AEM) has completed the acquisition of 5,750,000 common shares of Prism Resources Inc. from Trevali Mining Corporation. The transaction took place at a price of roughly C$0.0174 per common share, amounting to a total consideration of C$100,000 (approximately $74,750). This acquisition was made pursuant to a share purchase agreement dated Feb 13, 2024, between Agnico Eagle and FTI Consulting Canada Inc., acting as the court-appointed monitor of Prism.Prism holds a 7.5% Net Profit I ...

Stock Symbol: AEM (NYSE and TSX) TORONTO, Feb. 28, 2024 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle") announced today that it has acquired 5,750,000 common shares ("Common Shares") of Prism Resources Inc. ("Prism") from Trevali Mining Corporation at a price of approximately C$0.0174 per Common Share for total consideration of C$100,000 (the "Transaction"), pursuant to a share purchase agreement dated February 13, 2024 (the "Share Purchase Agreement") between Agnico Eagle ...

Agnico Eagle Mines Limited (AEM) reported adjusted earnings of 57 cents per share in fourth-quarter 2023, up from 38 cents in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of 48 cents.The company generated revenues of $1,756.6 million, up nearly 27% year over year. The top line surpassed the Zacks Consensus Estimate of $1,520.3 million. Operational HighlightsPayable gold production was 903,208 ounces in the reported quarter, up from 799,438 ounces in the prior-year quarter. The f ...

Agnico Eagle Mines Limited (NYSE:AEM) Q4 2023 Results Conference Call February 16, 2024 11:00 AM ET Company Participants Ammar Al-Joundi - President and Chief Executive Officer Jamie Porter - Chief Financial Officer Dominique Girard - EVP and COO, Nunavut, Quebec, and Europe Natasha Nella Vaz - EVP and COO, Ontario, Australia and Mexico Guy Gosselin - Executive Vice President, Exploration Conference Call Participants Josh Wolfson - RBC Capital Markets Ralph Profiti - Eight Capital Anita Soni - CIBC World Ma ...

Agnico Eagle Mines (AEM) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this gold mining company would post earnings of $0.43 per share when it actually produced earnings of $0.44, delivering a surprise of 2.33%.Over the last four quarters, ...

(All amounts expressed in U.S. dollars unless otherwise noted) Stock Symbol:  AEM (NYSE and TSX) TORONTO, Feb. 15, 2024 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM) (TSX:AEM) ("Agnico Eagle" or the "Company") today reported financial and operating results for the fourth quarter and full year of 2023, as well as future operating guidance. "We had a very strong close to 2023, with our fourth quarter results driving a record year in terms of safety, operating and financial performance. We achieved the ...

Investors are always looking for stocks that are poised to beat at earnings season and Agnico Eagle Mines Limited (AEM) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Agnico Eagle is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pr ...

Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.Hunting for 'earnings whispers' or companies poised to beat thei ...

andresr/E+ via Getty Images Agnico Eagle Mines Ltd. (NYSE:AEM) remains a favorite of gold bugs and gold hedgers, holding a unique combination of bullish logic. The valuation is fair, while its underlying mining properties and resources are some of the best in the industry. A significant "margin of safety" for investors is supported by lower-cost operations from locations mostly in Canada. In addition, the balance sheet and management team are quite strong. My view is if you want exposure to rising gold pric ...