Agnico Eagle Mines Limited is engaged in the discovery, growth, and operation of mineral sites across Canada, Mexico, and Finland. The company ...
Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer
Est. EPS $2.78 · Revenue $3.60B · 9 analysts
$1.70 per share
$1.70 per share
Est. EPS $2.97 · Revenue $3.82B · 8 analysts
EPS $3.10 · Revenue $3.71B
EPS $3.38 · Revenue $4.10B
EPS $8.86 · Revenue $11.91B
EPS $2.10 · Revenue $3.06B
EPS $2.12 · Revenue $2.82B
EPS $1.62 · Revenue $2.47B
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $11.9B | +43.7% | -9.6% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $4.5B | +135.4% | -8.0% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +58.1% | +30.7% | -6.4% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +53.1% | +39.8% | -3.8% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +37.5% | +63.8% | +1.8% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $4.3B | +100.4% | +77.7% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +35.8% | +39.4% | +96.6% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 1.3% | -78.9% | -7.8% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.02x | +8.9% | -9.2% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $34.5B | +15.0% | +7.4% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 8.86 vs 8.21 | +7.9% | 3.10 vs 2.78 | +11.4% |
| Revenue Surprise | $11.9B vs $11.8B | +0.6% | $3.7B vs $3.6B | +2.9% |
Operator: Good morning, ladies and gentlemen, My name is Vanessa, and I will be your conference operator today. At this time, I would like to welcome everyone to the Agnico Eagle Mines Limited Q2 2026 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, then the number 1, on your telephone keypad. If you would like to withdraw your question, please press star, then the number 2. And thank you. Mr. Ammar Al-Joundi, you may begin your conference. Ammar Al-Joundi: Thank you, operator. Good morning, everyone, and thank you for joining our Agnico Eagle second quarter 2026 conference call. I would like to remind everyone that we will be making a number of forward-looking statements. So please keep that in mind and refer to the disclaimers at the beginning of this presentation. Next slide, please. My colleagues and I are pleased to report another strong quarter with not only record free cash flow generated by our operations, but also record capital returns to our shareholders. Gold production of 856 thousand ounces was for the second consecutive quarter, above budget. With cash costs and all in sustaining costs both within our guidance range. This is not a small accomplishment, in a quarter where oil traded above a $100 per barrel for much of the time. As you will hear on this call, the business is strong and we continue to move towards creating substantial additional value for our owners. This quarter, we are reporting solid operations, excellent progress on our growth pipeline, continued exceptional exploration results, all with yet another quarter of record financials. My team will go through all of this in more detail, but let me outline and summarize what I believe are the key messages that are important to take away. from this call. The first key message is that we continue to work hard every day not only to deliver what we promise, but also to continue to take every opportunity to improve our business. Step by step, quarter by quarter. For example, this quarter, I am pleased to highlight that at Macassa, we had record skipped tonnes, record mill throughput,, and the first processing of our AK4 at LZ5. At Detour, record total mine tons and record daily mill throughput at Meliadine. Record mill throughput at Kittila. Record mill throughput. Individually, these may seem like small accomplishments, but when we step back, and when we look at the big picture collectively, this quarter, we have had record mill throughput at mines representing slightly more than half of our total production. In and of itself, record mill throughput at half our mines represents substantial continuous operational improvement. But the real message we want to convey is that these improvements are an illustration of the culture, and the dedication of our teams. a culture of commitment to always do …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Ammar Al-Joundi | Chief Executive Officer, President & Director | USD 3,223,373 | Male | 1964 | Active |
Jean Robitaille | Executive Vice President and Chief Strategy & Technology Officer | USD 1,209,437 | Male | 1963 | Active |
James R. Porter | Executive Vice President of Finance & Chief Financial Officer | USD 1,206,166 | Male | — | Active |
Natasha Nella Dominica Vaz | Executive Vice President and Chief Operating Officer of Ontario, Australia & Mexico | USD 1,005,039 | Female | 1980 | Active |
Dominique Girard | Executive Vice President and Chief Operating Officer of Nunavut, Quebec & Europe | USD 515,290 | Male | — | Active |
Ana Luisa De la Rocha | Financial Planning & Analysis Analyst | — | — | — | Active |
Christopher Vollmershausen | Executive Vice President of Legal, General Counsel & Corporate Secretary | — | Male | — | Active |
Guy Gosselin | Executive Vice President of Exploration | — | Male | — | Active |
Jean-Marie Clouet | Vice President of Investor Relations | — | Male | — | Active |
Jussi Saaskilahti | Director of Financial Performance & Measurement | — | Male | — | Active |
Peter J. Netupsky | Vice President of Corporate Development | — | Male | 1981 | Active |
Carol-Ann Plummer-Theriault | Executive Vice President of Sustainability, People & Culture | — | Female | 1966 | Active |
Agnico Eagle Mines NYSE: AEM sees a pathway to increase annual gold production by 20% to 30% over the next five to 10 years through organic growth, supported by exploration success and expansion opportunities across its existing portfolio, according to Ion Hann, the company's Vice President of Australian Operations.
Bank of America Corp DE lowered its position in Agnico Eagle Mines Limited (NYSE: AEM) (TSE: AEM) by 4.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,246,324 shares of the mining company's stock after selling 228,129 shares during the quarter. Bank
AEM posts record free cash flow in Q2, advances growth projects and manages Barnat challenges while maintaining 2026 guidance.
Agnico Eagle Mines Limited (AEM) Q2 2026 Earnings Call Transcript
Investors need to pay close attention to AEM stock based on the movements in the options market lately.
