Can Agnico Eagle's Ultra-Low Debt Profile Fuel Bigger Growth?
Key Takeaways AEM cut long-term debt by about $400M to $196M in Q3, ending the quarter with nearly $2.2B in net cash.AEM generated roughly $1.2B in Q3 free cash flow, nearly doubling the year-ago levels on a gold price boost.AEM's 1.2% debt-to-capital ratio boosts flexibility to fund growth, exploration and shareholder returns.Agnico Eagle Mines Limited (AEM) continues to reinforce its balance sheet, highlighting its strong commitment to financial discipline. The company remains focused on paying down debt ...