Agnico Rises on Record Quarterly Profit, Free Cash Flow - The Northern Miner
- Agnico Eagle Mines Limited reported record free cash flow of $1,305 million for the second quarter of 2025, more than doubling from the previous quarter.
- The company achieved a net cash position of $963 million, enhancing its balance sheet by reducing long-term debt by $550 million.
- Agnico Eagle reported a quarterly net income of $1,069 million or $2.13 per share, with record adjusted net income of $976 million or $1.94 per share.
- Exploration efforts at Hope Bay led to notable gold intercepts, reinforcing potential resource expansion.
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Agnico rises on record quarterly profit, free cash flow - The Northern Miner
Agnico Eagle Mines (TSX, NYSE: AEM) shares rose after the Canadian miner reported record quarterly profit and free cash flow on the strength of rising gold prices. Adjusted net income... The post Agnico rises on record quarterly profit, free cash flow appeared first on The Northern Miner.
Coverage Details
Total News Sources28
Leaning Left3Leaning Right4Center6Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 23%
C 46%
R 31%
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