Agnico Eagle Mines Ltd
AEM: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|l$ | LOCK|%CZ | LOCK|hS>g#FP |
Agnico Eagle Earnings: Again Strong on Elevated Gold Prices
Agnico Eagle reported second-quarter adjusted EBITDA of USD 1.9 billion, up 63% from a year ago, as 40% higher gold prices more than offset lower volume and higher unit cash costs. Adjusted net profit after tax of USD 980 million, or USD 1.94 per share, was up about 80%.
