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Agnico Eagle Mines Q1 2024 Earnings Report

Agnico Eagle Mines logo
C$112.28 -4.72 (-4.03%)
(As of 03:51 PM ET)

Agnico Eagle Mines EPS Results

Actual EPS
C$1.02
Consensus EPS
C$0.82
Beat/Miss
Beat by +C$0.20
One Year Ago EPS
N/A

Agnico Eagle Mines Revenue Results

Actual Revenue
$2.47 billion
Expected Revenue
$2.20 billion
Beat/Miss
Beat by +$264.79 million
YoY Revenue Growth
N/A

Agnico Eagle Mines Announcement Details

Quarter
Q1 2024
Time
N/A

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Agnico Eagle Mines Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
China Hits Gold: What Mining Investors Need to Know
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About Agnico Eagle Mines

Agnico Eagle Mines (TSE:AEM), a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States. Agnico Eagle Mines Limited was incorporated in 1953 and is headquartered in Toronto, Canada.

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