Reported 1 day ago
Agnico Eagle Mines Limited (NYSE:AEM) announced its record-breaking second-quarter earnings for 2025, fueled by a high gold price of $3,288 per ounce and strong operational performance. The company generated $2.8 billion in revenue, with a net income of $1.069 billion and free cash flow reaching $1.3 billion. During the quarter, AEM produced 866,000 ounces of gold, reinforcing its annual production guidance of 3.3–3.5 million ounces. With a focus on advancing high-value projects, AEM plans to finish 2025 with $2.2–$2.5 billion in cash.
Source: YAHOO