Reports Q1 revenue $4.099B, consensus $4.02B. Reports Q1 payable gold production 825,109 ounces, representing approximately 24% of the mid-point of the full year production guidance, at production costs per ounce of $1,158, total cash costs per ounce of $1,093 and all-in sustaining costs per ounce of $1,483. The solid operating performance was led by Detour Lake, Canadian Malartic and Fosterville “We delivered a solid start to 2026, achieving record operating margins while production and costs tracked well to plan. With gold production expected to be weighted to a stronger second half of the year, we are managing cost volatility through disciplined execution and asset optimization, supported by our regional operating model. This positions us well to deliver on our full year guidance,” said Ammar Al-Joundi, Agnico Eagle’s (AEM) President and CEO. “We are excited by the strong progress across our industry leading growth pipeline and are beginning to look beyond the 20%-30% production growth already expected over the next decade, with our recently announced proposed acquisitions in Finland marking a milestone in our next phase of long-term growth. At the same time, we remain committed to returning value to shareholders, through our dividend and the expansion of our share repurchase program.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AEM:
- Best ETFs to Invest In, According to AI Analyst, 4/30/2026
- 3 Best ETFs to Invest In, According to AI Analyst, 04/28/2026
- AEM Earnings this Week: How Will it Perform?
- Agnico Eagle Moves to Consolidate Finland’s Central Lapland Greenstone Belt With Trio of Acquisitions
- Agnico Eagle price target lowered to $304 from $312 at CIBC
