From Zacks Investment Research: 2025-06-13 08:42:00

Agnico Eagle Mines Limited (AEM) reported a strong first-quarter free cash flow of $594 million, up 50% from the previous year, driven by higher gold prices and disciplined spending. The company reduced net debt by $212 million and returned $251 million to shareholders. AEM plans to use excess cash for growth projects and further debt reduction. In comparison, Newmont Corporation (NEM) achieved a record first-quarter free cash flow of $1.2 billion, while Barrick Mining Corporation (B) saw a nearly 12-fold year-over-year rise in free cash flow to $375 million. AEM stock is up 56.1% year to date and carries a Zacks Rank #3 (Hold).



Read more at Zacks Investment Research: AEM’s Solid FCF Places It on Firm Footing: Can It Fuel Future Growth? – June 13, 2025