- Agnico Eagle Press Release (New York Stock Exchange: AEM): Q4 non-GAAP EPS of $0.57.
- Revenue of $1.76 billion (+27.5% year-over-year).
- Share +1% AH.
- Record Quarterly Gold Production – Payable Gold Production1 in the fourth quarter of 2023 was 903,208 ounces at production costs per ounce of $861, total cash costs per ounce of $888 and all-in sustaining costs (“AISC”) per ounce of $1,227.
- Three-year stable production outlook: Payable gold production is forecast to be approximately 3.35 to 3.55 million ounces in 2024 and approximately 3.40 to 3.60 million ounces in 2025 (unchanged with compared to the previous three-year guidance issued on February 16, 2023 (“Previous Guidance”). Payable gold production is forecast to remain stable in 2026 in an expected range of approximately 3.40 to 3.60 million ounces.
- Unit costs reflect a declining inflation rate: total cash costs per ounce and AISC per ounce in 2024 are forecast to be $875 to $925 and $1,200 to $1,250, respectively.
