Loading ...They were up 1.5% in the AH. Not sure that will stick in the morning because the metals are a bit squishy right now, but so far, the two bellwethers have beaten as they should.
There’s a tale of two stocks though, NEM trades at 11 x earnings, and AEM at 20 x.
Agnico Eagle Mines Q1 Adjusted Earnings, Revenue Rise
5:44 PM ET, 04/24/2025 – MT Newswires
05:44 PM EDT, 04/24/2025 (MT Newswires) — Agnico Eagle Mines (AEM) reported Q1 adjusted net income late Thursday of $1.53 per diluted share, up from $0.76 a year earlier.
Analysts polled by FactSet, on average, expected $1.38.
Revenue for the quarter ended March 31 was $2.47 billion, up from $1.83 billion a year earlier.
Analysts expected $2.26 billion.
For 2025, the mining company is reiterating its forecast of producing 3.3 million to 3.5 million ounces of gold at a total cash cost of $915 to $965 per ounce. It also expects all-in sustaining costs to range between $1,250 and $1,300 per ounce.
The company said it maintained its quarterly dividend at $0.40 per share, payable on June 16 to shareholders of record as of May 30.
Shares of Agnico Eagle were up over 1% during Thursday’s US after-hours session.