Agnico Eagle Divests Stake in Royal Road Minerals for C$5.51M

Key Takeaways Agnico Eagle sold 47,944,981 Royal Road Minerals shares for C$5.51 million.The sale aligns with AEM's focus on high-quality internal growth and portfolio discipline.AEM has no current plans to repurchase Royal Road shares after fully divesting its stake.Agnico Eagle Mines Limited (AEM) recently announced the sale of its stake in Royal Road Minerals Limited through 47,944,981 ordinary shares. The transaction took place through the Toronto Stock Exchange at a price of C$0.115 per share, generati ...