Agnico Eagle-AEM's Solid FCF Places It on Firm Footing: Can It Fuel Future Growth?

Key Takeaways AEM logged $594M in Q1 free cash flow, a 50% rise driven by higher gold prices and disciplined spending. The company cut net debt by$ 212M and funded growth at Canadian Malartic, Hope Bay and Detour Lake. AEM returned $251M to shareholders in Q1 and aims to use excess cash for growth and further debt reduction.Agnico Eagle Mines Limited (AEM) generated solid first-quarter free cash flow of$ 594 million, marking an impressive 50% increase from $396 million a year ago. The surge was backed by ...