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Agnico Eagle Mines Limited (T:AEM)

Business Focus: Gold Mining

This company is also listed in the United States as AEM on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 145 King Street East, Suite 400
TORONTO ON M5C 2Y7
Tel: N/A
Website: N/A
IR: N/A
Key People
Sean Boyd
Chairman of the Board
Ammar Al - Joundi
President, Chief Executive Officer, Director
James R. Porter
Chief Financial Officer, Executive Vice President - Finance
Jean Robitaille
Executive Vice-President, Chief Strategy and Technology Officer
Chris Charles Norman Vollmershausen
Executive Vice-President, Legal, General Counsel and Corporate Secretary
Dominique Girard
Executive Vice-President, Chief Operating Officer - Nunavut, Quebec and Europe
Guy Gosselin
Executive Vice-President, Exploration of Agnico Eagle
Carol - Ann Plummer - Theriault
Executive Vice-President, Operational Excellence
Natasha Vaz
Executive Vice-President, Chief Operating Officer Ontario, Australia & Mexico
Business Overview
Agnico Eagle Mines Limited is a Canada-based gold mining company, which is engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. The Company has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Monument Bay and others. The Canadian Malartic Complex is located over 25 kilometers (km) west of Val-d'Or in northwestern Quebec, Canada. The Detour Lake operation is located in northeastern Ontario, over 300 km northeast of Timmins and 185 km by road northeast of Cochrane, within the northernmost Abitibi Greenstone Belt. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo.
Financial Overview
For the fiscal year ended 31 December 2023, Agnico Eagle Mines Ltd (Ontario) revenues increased 15% to $6.63B. Net income increased from $670.2M to $1.94B. Revenues reflect Northern Business segment increase of 24% to $4.02B, Southern Business segment increase of 4% to $2.61B, Canada segment increase of 21% to $5.26B, Finland segment increase of 10% to $448.7M, Mexico segment increase of 7% to $364.4M.
Employees: 10,155 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $45,866M as of Dec 31, 2023
Annual revenue (TTM): $9,122M as of Dec 31, 2023
EBITDA (TTM): $4,435M as of Dec 31, 2023
Net annual income (TTM): $2,672M as of Dec 31, 2023
Free cash flow (TTM): $409.98M as of Dec 31, 2023
Net Debt Last Fiscal Year: $2,279M as of Dec 31, 2023
Shares outstanding: 498,940,643 as of Mar 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization