The Offer has now expired and Agnico Eagle has taken-up and acquired 95.6% of the issued and outstanding O3 Mining shares Agnico Eagle and O3 Mining will enter into an amalgamation agreement under which Agnico Eagle will acquire all remaining O3 Mining shares by way of amalgamation Remaining O3 Mining shares (other than shares held by dissenting shareholders) and warrantholders who exercise their warrants after the amalgamation will receive $1.67 per share in cash Questions or Need Assistance? Contact Laur ...

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 ...

In a recent article , the importance of being very selective when choosing a gold miner to invest in was discussed. It’s easy to see why when you look at the really ugly charts for Newmont (I have been an active trader for more years than I can remember, During that time I have gained experience in investing in just about everything; commodities, stocks, options, and an occasional flutter with futures contracts. Fortunately, I have had some success, which has enabled me to retire from the 9 – 5.Analyst’s Di ...

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In the latest trading session, Agnico Eagle Mines (AEM) closed at $89.97, marking a +0.56% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.92%. Meanwhile, the Dow experienced a rise of 0.31%, and the technology-dominated Nasdaq saw an increase of 2.03%.Shares of the gold mining company have appreciated by 14.93% over the course of the past month, outperforming the Basic Materials sector's gain of 1.86% and the S&P 500's gain of 0.81%.The investment community will b ...

Stock Performance - Agnico Eagle Mines (AEM) closed at $89 23, up 0 71% from the previous session, outperforming the S&P 500 (0 61%), Dow (0 3%), and Nasdaq (1 28%) [1] - The stock has risen 12 54% in the past month, leading the Basic Materials sector (2 33%) and the S&P 500 (2 08%) [1] Earnings and Revenue Expectations - The company is expected to announce earnings of $1 14 per share on February 13, 2025, marking a 100% year-over-year growth [2] - Revenue is forecasted at $2 1 billion, a 19 39% increase compared to the same quarter last year [2] Analyst Estimates and Revisions - Recent changes to analyst estimates reflect short-term business trends, with positive revisions indicating confidence in the company's performance [3] - Estimate revisions are correlated with near-term share price momentum [4] Valuation Metrics - Agnico Eagle Mines has a Forward P/E ratio of 18 76, higher than the industry average of 9 98 [6] - The company's PEG ratio is 0 59, matching the industry average, indicating a balance between price and expected earnings growth [6] Industry Ranking - The Mining - Gold industry, part of the Basic Materials sector, has a Zacks Industry Rank of 80, placing it in the top 32% of all industries [7] - Industries in the top 50% outperform the bottom half by a factor of 2 to 1 [7]

Offer is expiring on January 23, 2025 Agnico is committed to the Offer at $1.67 in cash, which represents a 58% premium to O3 Mining's closing price on December 11, 2024 39% of outstanding shares of O3 Mining signed lock-up agreements to tender to the Offer Offer unanimously recommended by Board and Special Committee of O3 Mining Questions or Need Assistance? Contact Laurel Hill Advisory Group at 1-877-452-7184 or email [email protected] TORONTO, Jan. 21, 2025 /PRNewswire/ - Agnico Eagle Mines Limited (NYS ...

Acquisition Offer and Valuation - Agnico Eagle's offer of C$1 67 per share values O3 Mining at an Enterprise Value (EV) of C$162 8m, significantly below sell-side analyst NPV estimates of C$1 6bn and the updated pre-feasibility study NPV of C$1 6bn [1] - The offer price of C$1 67 per share equates to an equity value of C$204m for O3 Mining, but after adjustments for net cash and investments, the EV is C$162 8m [7] - The 2022 pre-feasibility study by Ausenco Engineering Canada estimated a C$639m NPV for O3 Mining's core asset, the Marban Mining Project, using a gold price of $1,900, which is significantly below the current gold price of $2,700 [8] - Extrapolating the sensitivity scale from the pre-feasibility study and applying cost base inflation estimates, the NPV today rises to C$1 6bn, indicating the offer EV may be at a 90% discount to NPV [9] Shareholder Considerations - Independent shareholders may welcome the deal design requiring just 66 2/3% acceptance, with the offeror reserving the right to waive the condition to no less than 50% acceptance [4] - If the 90% delisting threshold is not achieved, non-tendering shareholders may prefer continued public float ownership alongside Agnico Eagle as a majority owner and development partner [2] - The deeply discounted offer may disincentivize meaningful tenders beyond the 39% irrevocables already committed, as shareholders may perceive the offer as undervalued [5] - In the scenario of an unchanged offer price, it is unlikely that the 90% threshold for delisting will be reached, as independent shareholders may elect for long-term participation in the discounted public equity float of O3 Mining [13] Strategic Implications for Agnico Eagle - Agnico Eagle may maximize its profit participation in O3 Mining by raising the takeover offer price, given the significant gap between the current offer and NPV [1] - A deeply discounted offer is only rational if the additional cost of raising the offer to achieve 100% tenders exceeds the profit sacrificed due to the failure to achieve full tender ratio [10] - The optimal economic outcome for Agnico Eagle may only be reached by a meaningful raise in the offer price, assuming tenders are not materially higher than the minimum thresholds [11] Market Context and Stakeholder Positions - GreenAsh Partners, through the GA-Courtenay Special Situations Fund, holds 3,393,500 shares in O3 Mining, representing 2 7% of the shares outstanding [3] - Independent shareholders would welcome further public disclosure by Agnico Eagle or O3 Mining directors to justify meaningful tenders if the current offer price remains unchanged [12]

Offer is expiring on January 23, 2025 $1.67 cash offer represents a 58% premium to O3 Mining's closing price on December 11, 2024 Offer unanimously recommended by Board and Special Committee of O3 Mining 39% of outstanding shares of O3 Mining have signed Lock-up Agreements to tender to the Offer Questions or Need Assistance? Contact Laurel Hill Advisory Group at 1-877-452-7184 or email [email protected]TORONTO, Jan. 15, 2025 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico") and O ...

Core Viewpoint - Agnico Eagle Mines (AEM) is experiencing fluctuations in stock performance, with a recent increase in stock price despite a broader market decline, and upcoming earnings expectations indicate significant growth potential [1][2]. Group 1: Stock Performance - AEM closed at $84.30, reflecting a +1.13% change from the previous day, outperforming the S&P 500, which fell by 1.54% [1]. - Over the past month, AEM's stock has decreased by 2.17%, contributing to a 10.98% loss in the Basic Materials sector and a 2.2% loss in the S&P 500 [1]. Group 2: Earnings Expectations - AEM is set to release its earnings report on February 13, 2025, with analysts predicting earnings of $1.15 per share, representing a year-over-year growth of 101.75% [2]. - The consensus estimate for revenue is $2.09 billion, indicating an 18.92% increase compared to the same quarter last year [2]. Group 3: Analyst Projections - Recent shifts in analyst projections for AEM are important for investors, as positive revisions reflect optimism about the company's business and profitability [3]. - The Zacks Rank system, which incorporates estimate changes, provides actionable ratings based on these projections [4]. Group 4: Valuation Metrics - AEM has a Forward P/E ratio of 17.58, which is a premium compared to the industry's average Forward P/E of 10.44 [6]. - The company has a PEG ratio of 0.56, which is slightly above the Mining - Gold industry's average PEG ratio of 0.5 [7]. Group 5: Industry Ranking - The Mining - Gold industry is part of the Basic Materials sector, which has a Zacks Industry Rank of 136, placing it in the bottom 46% of over 250 industries [7]. - The strength of individual industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [8].