Agnico Eagle reports record cash margins in Q1 earnings on solid production and lower costs
AEMAgnico Eagle(AEM) Kitco·2024-04-26 06:41

(Kitco News) - The gold mining sector continues to show its value potential as Canada’s largest producer reported record cash margins in the first quarter. In its earnings report published Thursday after the North American trading session, Agnico Eagles Mines Ltd. announced solid earnings on robust production, lower costs, and higher gold prices. The company reported adjusted earnings of 377.5millionor377.5 million or 0.76 per share in the first three months of 2024. The earnings significant beat expectations, as analy ...