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Agnico Eagle Mines (AEM) Q4 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-02-16 08:16
Agnico Eagle Mines (AEM) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this gold mining company would post earnings of $0.43 per share when it actually produced earnings of $0.44, delivering a surprise of 2.33%.Over the last four quarters, ...
AGNICO EAGLE REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS - RECORD QUARTERLY AND ANNUAL GOLD PRODUCTION AND FREE CASH FLOW; RECORD MINERAL RESERVES INCREASED 10.5%; UPDATED THREE-YEAR GUIDANCE
Prnewswire· 2024-02-16 06:00
公司财务表现 - 公司报告了2023年第四季度的金产量创纪录,为903,208盎司,生产成本为每盎司861美元,总现金成本每盎司888美元,全成本每盎司1,227美元[3] - 公司报告了第四季度的现金流量净损失为3.81亿美元,每股0.77美元,调整后的净收入为2.823亿美元,每股0.57美元[3] - 公司的EBITDA和调整后EBITDA在2023年第四季度和全年均有增长,主要是由于更高的实现黄金价格和更高的销售量[18][19] - 公司的现金流量情况在2023年第四季度和全年均有所增加,主要是由于更高的销售量和更高的实现黄金价格,部分抵消了更高的生产成本[18][19] - 公司在2023年第四季度和全年的自由现金流(在非现金工作资本组成变化之前)均创下纪录并增加,主要是由于营运活动提供的现金增加,部分抵消了更高的固定资产、设备和矿山开发支出[18][19] 矿山运营情况 - 2023年金矿储量创纪录,增长10.5%至5,380万盎司金,主要是由于在East Gouldie宣布初始矿石储量,收购Canadian Malartic复合物剩余50%的权益以及Macassa的净矿石储量增加[4] - 公司在2023年第四季度和全年的总现金成本每盎司增加,主要是由于通货膨胀和更高的黄金价格导致大多数矿山的运营成本上升,部分抵消了更高的产量[18][19] - 2023年第四季度的AISC每盎司较去年同期下降,主要是由于期间产量增加和期间维持资本支出减少,部分抵消了每盎司更高的总现金成本[18] - 2023年全年的AISC每盎司较去年同期增加,主要是由于同期更高的总现金成本和更高的维持资本支出,部分抵消了期间产量增加[18] - 2023年第四季度的调整后净收入较去年同期增加,主要是由于更高的实现黄金价格和更高的销售量,部分抵消了减值损失和更高的摊销费用[19] 资本支出和财务计划 - 公司在2023年第四季度和全年的资本支出中,包括维持资本支出和开发资本支出,以及资本化的勘探[27][28] - 公司的净债务在2023年第四季度较上一季度减少,主要是由于偿还公司的无担保循环银行信贷额度[30][31] - 公司于2024年2月12日替换了12亿美元的无担保循环银行信贷额度,新的信贷额度为20亿美元,包括10亿美元的未承诺扩容功能[35] - 公司继续受益于美元对加拿大元、欧元、澳大利亚元和墨西哥比索的汇率优势,对2024年估计的加拿大元、欧元和澳大利亚元的大部分暴露已进行了对冲[36]
Should You Buy Agnico Eagle (AEM) Ahead of Earnings?
Zacks Investment Research· 2024-02-14 22:41
Investors are always looking for stocks that are poised to beat at earnings season and Agnico Eagle Mines Limited (AEM) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Agnico Eagle is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pr ...
Why Investors Need to Take Advantage of These 2 Basic Materials Stocks Now
Zacks Investment Research· 2024-02-12 22:51
Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.Hunting for 'earnings whispers' or companies poised to beat thei ...
If You Are Bullish On Gold, Agnico Eagle Remains A Great Pick
Seeking Alpha· 2024-02-10 17:58
andresr/E+ via Getty Images Agnico Eagle Mines Ltd. (NYSE:AEM) remains a favorite of gold bugs and gold hedgers, holding a unique combination of bullish logic. The valuation is fair, while its underlying mining properties and resources are some of the best in the industry. A significant "margin of safety" for investors is supported by lower-cost operations from locations mostly in Canada. In addition, the balance sheet and management team are quite strong. My view is if you want exposure to rising gold pric ...
4 Mining Stocks Poised to Outshine Q4 Earnings Estimates
Zacks Investment Research· 2024-02-08 21:01
The mining industry is housed within the broader Zacks Basic Materials sector. The Q4 earnings picture for this sector looks glum. Basic Materials is among the Zacks sectors that are expected to see the biggest decline in earnings in the fourth quarter. Overall earnings for the space are projected to fall 25.7% on 7.7% lower revenues, per the latest Earnings Trends report.Mining companies’ fourth-quarter results are expected to reflect the benefits of higher prices and efforts to boost operating efficiency ...
4 Gold Stocks to Watch in a Lackluster Industry
Zacks Investment Research· 2024-02-07 02:21
黄金价格走势 - 黄金价格在2023年结束时表现强劲,但目前正面临美元走强的阻力[1] - 美国经济数据和美联储官员讲话的影响下,市场对降息预期降低,导致黄金价格下跌[1] - 黄金价格的走势受多种因素影响,目前受到美元和债券收益率上升的压力[4] Zacks Mining - Gold行业 - Zacks Mining - Gold行业面临近期前景不明朗,受到黄金价格下跌和生产成本上涨的影响[1] - Zacks Mining - Gold行业主要包括从矿山中提取黄金的公司,这是一个长期且复杂的过程,需要大量财务资源[3] - Zacks Industry Rank显示Zacks Mining - Gold行业前景暗淡[7] 公司表现 - Agnico Eagle Mines (AEM), Eldorado Gold (EGO), Equinox Gold (EQX)和Kinross Gold (KGC)等公司在不确定性中表现良好[2] - Eldorado Gold, Equinox Gold, Agnico Eagle Mines和Kinross Gold等公司值得关注[12] - 这些公司的盈利预期和股价表现良好,具有潜在增长空间[13][14][16][18] 行业挑战 - 行业面临成本高涨和劳动力短缺问题,努力降低生产成本和提高运营效率[5] - 需求和供应失衡可能推动黄金价格上涨,行业面临资源枯竭和新矿开采困难等挑战[6] - 行业的估值表现不佳,相对S&P 500指数和基础材料行业表现较差[10]
Yields Up To 9%: 3 Top Dividend Stocks For February 2024
Seeking Alpha· 2024-02-05 21:15
GOLD股票分析 - Barrick Gold Corporation Stock (GOLD)的股价因预期降低和生产数据不佳而受到打击[3] - GOLD的运营问题和黄金产量下降导致股价下跌,但市场认为卖压过度[4] AY股票分析 - Atlantica Sustainable Infrastructure Stock (AY)的股价在圣诞节前大幅上涨,但随后下跌,可能是由于对Fed降息时机的悲观情绪[6] - AY具有稳定的现金流、低估值、高股息率和潜在的股价上涨空间[7] O股票分析 - Realty Income Stock (O)作为三重净租金REIT,具有强大的信用评级和股息增长记录,被视为债券替代品[9] - O的股价近期下跌,但具有强劲的资产组合、管理专业性和价值主张,为投资者提供了吸引力[11] 市场趋势分析 - 美国经济数据显示就业市场强劲,但两个主要衰退指标仍在发出警示[1] - 金融市场对利率敏感的投资受到影响,多个股票出现下跌反应[2] - 市场对利率持续上升的担忧为收入投资者提供了购买质量股息股票的机会[12] - 投资者可以考虑购买类似于GOLD、AY和O的股票,以期待黄金价格上涨和利率下降[14]
7 Gold Stocks to Buy for Uncertain Economic Times
InvestorPlace· 2024-01-26 05:07
黄金股票 - 黄金股票被一些人称为“野蛮遗物”,因为它与其他同类元素没有区别,不产生收益也不支付股息[1] - 即使全球存在各种地缘政治风险,华尔街似乎仍然乐观,但金价可能会受益于美联储降息导致美元贬值[2] BHP集团 - BHP集团是一家全球顶级的金属和矿业企业,具有多样化的矿业项目,股价低于行业中位数,具有稳定的盈利能力[7][8] Newmont - Newmont是全球最大的黄金生产商,拥有多样化的矿业项目,积极寻找新矿床,股票评级为强烈买入[11][12] Wheaton Precious Metals - Wheaton Precious Metals是一家流媒体公司,通过预付款获得现有矿山的黄金和白银流,股票价格较高但具有稳定的盈利能力[15][16] Franco-Nevada - Franco-Nevada是一家皇家公司,与矿业企业签订预先安排的交易,受益于价格可预测性,股票评级为中等买入[18][19] Agnico Eagle Mines - Agnico Eagle Mines是一家加拿大勘探生产公司,通过在现有矿山附近挖掘新矿脉来降低风险,股票评级为强烈买入[22][23] Alamos Gold - Alamos Gold主要专注于加拿大和墨西哥的近矿勘探,股票表现较好但股息较低,具有强劲的盈利能力[24][26] A-Mark Precious Metals - A-Mark Precious Metals是一家美国贵金属零售商,通过在线和实体店铺向金条爱好者提供服务,股票评级为买入[29][31]
MoneyShow's Best Investment Ideas For 2024: Part 1
Seeking Alpha· 2024-01-25 22:30
MicroStockHub/iStock via Getty Images MoneyShow’s top contributing analysts, strategists, and newsletter editors share their investment recommendations for the year ahead. Academy Sports and Outdoors By Berna Barshay, Editor of Consumer/Culture/Commerce by HedgeFundGirl Academy Sports and Outdoors (ASO) is a sporting goods retailer that sells a wide variety of athletic apparel and footwear for both individuals and team sports, sports equipment, as well as a broad array of products that support the outdo ...