Subscribers to Chart of the Week received this commentary on Sunday, March 1.Certainty is at a premium right now. In the blink of an eye, stock market sentiment has shifted beneath investors’ feet, and contrarian traders must now be prepared to put what few certainties are out there under the microscope. Thanks to 11 record highs in 2025, the word is out that bullion could be a beacon of stability amid a volatile economic outlook. Global uncertainty is just one piece of the puzzle though; speculation also d ...

Financial Data and Key Metrics Changes - Agnico Eagle reported record financial results in 2024, with record revenue of $2.2 billion, adjusted earnings of $632 million ($1.26 per share), and operating cash flow exceeding $1.1 billion ($2.26 per share) [21][22] - For the full year, gold production reached approximately 3.49 million ounces, with total cash costs around $903 per ounce and all-in sustaining costs of $1,239 per ounce [20][21] - The company reduced its net debt significantly from $1.5 billion at the start of 2024 to just $217 million by year-end [23][25] Business Line Data and Key Metrics Changes - The Nunavut platform achieved record operating margin of $1.3 billion in 2024, driven by operational records at Meliadine and Meadowbank [30] - Detour set a third consecutive quarterly mill throughput record, while Macassa and Fosterville also achieved annual production records [49][50] - Pinos Altos faced challenges due to its mature status, prompting a reassessment of productivity rates for 2025 [50] Market Data and Key Metrics Changes - The average gold price for 2024 was $2,384 per ounce, with expectations for significant margin expansion and cash flow growth in 2025 due to current spot prices [21][22] - The company anticipates a volatile year in 2025, with gold price volatility skewed to the upside [15] Company Strategy and Development Direction - Agnico Eagle aims to grow its Ontario platform by 50% over the next several years, with projects like Upper Beaver and Detour Underground contributing to this growth [5][54] - The company is focused on low-risk, high-quality jurisdictions and disciplined capital deployment, emphasizing the importance of knowledge before spending [70][72] - The vision includes potentially processing over 1 million ounces annually at both Malartic and Detour, positioning Agnico Eagle among the largest gold producers globally [6][37] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strong position, citing a robust project pipeline and a strong balance sheet with nearly $1 billion in cash [12][13] - The management remains constructive on gold prices, believing that the factors driving gold prices up over the last 20 years are still in place and accelerating [14][15] - The company is committed to delivering strong production and best-in-class cost control to maximize shareholder returns [15][17] Other Important Information - Agnico Eagle plans to continue investing in high-return internal growth projects while maintaining a flat sustaining capital spending in 2025 [27] - The company is focused on exploration, with over 1.2 million meters of drilling completed in 2024, leading to significant mineral resource growth [62][67] Q&A Session Summary Question: Timeline for Hope Bay project delivery - Management indicated that the focus is on freezing the project scope and expects to provide more details in the first half of 2026, with potential startup early next decade [84][86] Question: Capital allocation and excess cash - The company plans to maintain the current dividend and be opportunistic with share repurchases while focusing on improving the balance sheet and achieving a net cash position [95][96] Question: Growth projections beyond the 3-year guidance - Management emphasized that growth will only be pursued if it creates value for shareholders, with expectations for continued growth in production from projects like Detour and Hope Bay [102] Question: Update on Meadowbank and potential extensions - The team is exploring scenarios to extend the life of Meadowbank through underground operations, potentially generating 150,000 ounces per year from 2028 to 2035 [110][111] Question: License progression at San Nicolas - The company is progressing with regulatory submissions for San Nicolas, but there is uncertainty regarding proposed constitutional changes affecting open-pit mining [114] Question: Capacity potential at Malartic and Wasamac - Management discussed the potential for additional capacity at Malartic and the logistics of transporting ore from Wasamac, emphasizing ongoing evaluations [120][122]

Fourth Quarter and Full Year 2024 Results February 14, 2025 Notes to Investors Unless otherwise stated, references to "LaRonde", "Canadian Malartic", "Meadowbank" and "Goldex" are to the Company's operations at the LaRonde complex, the Canadian Malartic complex, the Meadowbank complex and the Goldex complex, respectively. The LaRonde complex consists of the mining, milling and processing operations at the LaRonde mine and the mining operations at the LaRonde Zone 5 mine. The Canadian Malartic complex consis ...

Alluvial Gold Research offers in-depth research on my favorite miners ranked in order to aid in positioning in the most undervalued miners with upcoming catalysts to drive portfolio outperformance. Subscribers also get access to my current portfolios and buy/sell alerts as well as the following:Analyst’s Disclosure: I/we have a beneficial long position in the shares of AEM, AEM:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I ...

Agnico Eagle Mines Limited (AEM) reported adjusted earnings of $1.26 per share for fourth-quarter 2024, up from 58 cents in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of $1.17 per share.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company generated revenues of $2,223.7 million, up nearly 26.6% year over year. The top line surpassed the Zacks Consensus Estimate of $2,097.2 million.AEM’s Operational HighlightsPayable gold production was 847,401 ounc ...

Agnico Eagle Mines (AEM) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this gold mining company would post earnings of $0.98 per share when it actually produced earnings of $1.14, delivering a surprise of 16.33%.Over the last four quarters, ...

Exhibit 99.1 For further information: Investor Relations (All amounts expressed in U.S. dollars unless otherwise noted) AGNICO EAGLE REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS – RECORD ANNUAL GOLD PRODUCTION AND FREE CASH FLOW; BALANCE SHEET STRENGTHENED BY FURTHER DEBT REDUCTION; UPDATED THREE-YEAR GUIDANCE Toronto (February 13, 2025) – 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 ...

Stock Symbol: AEM (NYSE and TSX) (All amounts expressed in U.S. dollars unless otherwise noted) TORONTO, Feb. 13, 2025 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") is pleased to provide an update on year-end 2024 mineral reserves and mineral resources, exploration activities at mine sites and select advanced projects in 2024, and the Company's exploration plans and guidance for 2025. The Company's exploration focus remains on extending mine life at exist ...

(All amounts expressed in U.S. dollars unless otherwise noted) Stock Symbol:    AEM (NYSE and TSX) TORONTO, Feb. 13, 2025 /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 2024, as well as future operating guidance. "I'm pleased to report another year of record operational and financial performance, achieving our production and cost guidance. We are very proud of our team's work ...

Agnico Eagle Mines Limited (AEM) is slated to come up with fourth-quarter 2024 results after the closing bell on Feb. 13. See the Zacks Earnings Calendar to stay ahead of market-making news.The company beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters. In this timeframe, it delivered an earnings surprise of 19.2%, on average. It posted an earnings surprise of 16.3% in the last reported quarter. AEM’s performance is expected to reflect the benefits of higher gold prices and ...