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Agnico Eagle

OverviewSuggest Edit

Agnico Eagle Mines is a gold mining company engaged in the production of precious metals. It operates mines located in Canada, Finland, and Mexico, with exploration and development activities in each of these regions as well as in the United States. The company sells gold directly to the bullion banks or bullion dealers that are divisions of major banks.

TypePublic
Founded1957
HQToronto, CAMap
Websiteagnicoeagle.com
Employee Ratings3.9More
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Latest Updates

Employees (est.) (Dec 2019)6,193(+4%)
Job Openings32
Revenue (FY, 2018)$2.2 B(-2%)
Share Price (Apr 2021)$60.1
Cybersecurity ratingBMore

Key People/Management at Agnico Eagle

Ammar Al-Joundi

Ammar Al-Joundi

President
David Smith

David Smith

Senior Vice President, Finance and Chief Financial Officer
Sean Boyd

Sean Boyd

Vice-Chairman and Chief Executive Officer
R. Gregory Laing

R. Gregory Laing

Senior Vice President, Strategic Advisor Legal
Guy Gosselin

Guy Gosselin

Senior Vice President, Exploration
James D. Nasso

James D. Nasso

Chairman
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Agnico Eagle Office Locations

Agnico Eagle has offices in Toronto, Baker Lake, Rouyn-Noranda, Val-d'Or and in 5 other locations
Toronto, CA (HQ)
400 145 King St E
Rouyn-Noranda, CA
10200 Route de Preissac
Val-d'Or, CA
1953 3e Avenue O
Val-d'Or, CA
765 Chemin de la Mine Goldex #87
Vancouver, CA
920-543 Granville St
Chihuahua, MX
Av. Mirador 7724, Colinas del Valle, Campestre Churubusco
Show all (10)

Agnico Eagle Financials and Metrics

Agnico Eagle Revenue

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Agnico Eagle's revenue was reported to be $2.19 b in FY, 2018 which is a 2.3% decrease from the previous period.
USD

Revenue (Q3, 2019)

683.0m

Gross profit (Q3, 2019)

366.6m

Gross profit margin (Q3, 2019), %

53.7%

Net income (Q3, 2019)

76.7m

Market capitalization (7-Apr-2021)

14.7b

Closing stock price (7-Apr-2021)

60.1

Cash (30-Sept-2019)

258.4m

EV

16.2b
Agnico Eagle's current market capitalization is $14.7 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

2.1b2.2b2.2b

Revenue growth, %

5%(2%)

Cost of goods sold

1.0b1.1b1.2b

Gross profit

1.1b1.2b1.0b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

547.5m549.9m580.0m578.4m556.3m518.7m532.2m526.6m683.0m

Cost of goods sold

240.3m267.6m262.2m295.3m303.7m276.9m276.9m279.5m316.3m

Gross profit

307.1m282.2m317.8m283.1m252.6m241.8m255.3m247.1m366.6m

Gross profit Margin, %

56%51%55%49%45%47%48%47%54%
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Annual
USDFY, 2016FY, 2017FY, 2018

Cash

540.0m633.0m301.8m

Accounts Receivable

8.2m12.0m10.1m

Inventories

443.7m501.0m494.2m

Current Assets

1.2b1.5b1.1b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

793.2m943.9m855.5m452.3m708.3m520.3m190.0m118.7m258.4m

Accounts Receivable

9.6m8.4m7.7m13.7m13.5m8.6m10.3m8.7m8.6m

Inventories

420.1m432.1m511.3m467.0m440.0m491.9m493.4m508.4m577.5m

Current Assets

1.5b1.7b1.7b1.2b1.5b1.4b956.1m988.0m1.1b
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Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

158.8m243.9m(326.7m)

Depreciation and Amortization

613.2m508.7m553.9m

Inventories

20.4m(64.9m)(52.3m)

Accounts Payable

(35.4m)44.7m29.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

76.0m137.8m208.8m44.9m49.9m67.0m37.0m64.8m141.5m

Depreciation and Amortization

132.5m260.9m379.3m134.4m272.8m416.7m128.2m252.4m395.7m

Inventories

7.9m(8.8m)(72.6m)24.6m37.3m(38.9m)16.2m(21.0m)(81.1m)

Accounts Payable

(21.2m)31.4m88.7m(10.4m)19.8m73.3m(38.0m)52.0m122.5m
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USDFY, 2016

Revenue/Employee

409.4k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
Show all financial metrics

Agnico Eagle Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Gold Ounces Produced (Lapa)

73.93 k15.36 k15.88 k17.17 k48.61 k1.72 k14.53 k10.46 k34.03 k5

Gold Ounces Produced (Pinos Altos)

192.77 k45.36 k48.2 k46.9 k180.86 k41.84 k43.65 k46.41 k181.06 k42.73 k41.74 k34.83 k

Silver Ounces Sold (Canadian Malartic)

312 k79 k75 k85 k329 k87 k107 k110 k394 k94 k104 k83 k

Silver Probable Reserves, ounces

31.98 m
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Agnico Eagle Acquisitions / Subsidiaries

Company NameDateDeal Size
Agnico Eagle Finland Oy
Agnico Eagle Mines Limited
Agnico Eagle (usa) Limited
Agnico Sonora, S.A. de C.V.
Grayd Resource Corporation
Meliadine Holdings Inc
Servicios Agnico del Pacifico, S.A. de C.V.
Servicios Pinos Altos, S.A. de C.V.

Agnico Eagle Revenue Breakdown

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Agnico Eagle revenue breakdown by business segment: 94.9% from Gold and 5.1% from Other

Agnico Eagle revenue breakdown by geographic segment: 10.8% from Finland, 20.6% from Mexico and 68.5% from Canada

Agnico Eagle Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

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Agnico Eagle Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Agnico Eagle Online and Social Media Presence

Agnico Eagle's Trends

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Agnico Eagle News and Updates

October 08, 2020

Agnico Eagle Announces Investment in Maple Gold Mines Ltd.

(All amounts expressed in Canadian dollars unless otherwise noted) TORONTO, Oct. 8, 2020 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle") announced today that it has agreed to subscribe for 25,838,821 units ("Units") of Maple Gold Mines Ltd. (TSX-V: MGM)...
June 10, 2020

White Gold Corp. Announces Closing of Fully Subscribed C$6 Million Private Placement Led by Eric Sprott; Agnico Eagle and Kinross Maintain 17.1% Interest

TORONTO, June 10, 2020 (GLOBE NEWSWIRE) -- Further to its news release dated May 15, 2020, White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce the closing of a non-brokered private placement of 6,666,667 common shares (the “FT Shares”) of the Co…
February 14, 2020

Notable Two Hundred Day Moving Average Cross - Agnico Eagle Mines

By Metals Channel Staff, Friday, February 14, 11:09 AM ET.In trading on Friday, shares of Agnico Eagle Mines crossed below their 200 day moving average of $55.06, changing hands as low as $50.74 per share.
January 02, 2020

Agnico Eagle Purchases Chipriona Royalty From Sonoro

VANCOUVER, British Columbia, Jan. 02, 2020 (GLOBE NEWSWIRE) -- Sonoro Metals Corp., (TSXV: SMO | OTCQB: SMOFF | FRA: 23SP), (“Sonoro” or the “Company”), announces receipt of proceeds of $875,000 by Sonoro’s subsidiary, Minera Mar de Plata, S.A. de C.V., from the sale to Agnico Sonoro, S.A. de C.V.…
July 24, 2019

Agnico Eagle Mines profit jumps more than five fold

Canadian gold miner Agnico Eagle Mines Ltd reported a more five-fold increase in quarterly profit on Wednesday, largely due to higher realized gold prices and currency and derivatives gains.
July 16, 2019

Alexandria Minerals Confirms that Previous Agnico Eagle Mines Offer has Expired; The Alexandria Board, ISS and Glass Lewis Support the O3 Mining Offer

TORONTO, July 15, 2019 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX”, the “Company” or “Alexandria”) today clarified the status of the previous offer from Agnico Eagle Mines Limited (“Agnico Eagle”) and support for the O3 Mining Offer (as defi…
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 Agnico Eagle Frequently Asked Questions

  • When was Agnico Eagle founded?

    Agnico Eagle was founded in 1957.

  • Who are Agnico Eagle key executives?

    Agnico Eagle's key executives are Ammar Al-Joundi, David Smith and Sean Boyd.

  • How many employees does Agnico Eagle have?

    Agnico Eagle has 6,193 employees.

  • What is Agnico Eagle revenue?

    Latest Agnico Eagle annual revenue is $2.2 b.

  • What is Agnico Eagle revenue per employee?

    Latest Agnico Eagle revenue per employee is $353.8 k.

  • Who are Agnico Eagle competitors?

    Competitors of Agnico Eagle include Goldcorp, Yamana Gold and Barrick Gold Corporation.

  • Where is Agnico Eagle headquarters?

    Agnico Eagle headquarters is located at 400 145 King St E, Toronto.

  • Where are Agnico Eagle offices?

    Agnico Eagle has offices in Toronto, Baker Lake, Rouyn-Noranda, Val-d'Or and in 5 other locations.

  • How many offices does Agnico Eagle have?

    Agnico Eagle has 10 offices.