AEM's Debt Discipline Deepens: Lower Leverage a Recipe for Growth?

Key Takeaways Agnico Eagle cut net debt by $212M in Q1, reducing total net debt to just $5M by quarter's end. Strong free cash flow of $594M, up around 50% YOY, fueled AEM's aggressive deleveraging push. AEM's low debt profile boosts its ability to reinvest, fund growth and drive shareholder returns.Agnico Eagle Mines Limited (AEM) has made impressive strides in fortifying its balance sheet, underscoring its commitment to financial discipline. It remains focused on paying down debt using excess cash, havi ...