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Agnico Eagle Reports Strong Q3, Forms A Critical Minerals Subsidiary - Agnico Eagle Mines (NYSE:AEM)
Benzinga·2025-10-31 19:27

Agnico Eagle Mines (NYSE:AEM), the world's second-largest gold producer, delivered outstanding third-quarter results. The firm also announced the establishment of a new subsidiary, Avenir Minerals, to consolidate its investments in critical minerals.Third-quarter net income rose to 1.06billion,or1.06 billion, or 2.10 per share. Meanwhile, the miner generated 1.82billioninoperatingcashflowand1.82 billion in operating cash flow and 1.19 billion in free cash flow, benefiting from strong production and higher gold prices."We delivered another quarter of ...