Agnico Eagle Mines Limited Q2 2025 Financial and Operating Results

SEC Filing 6-K (0001104659-25-072219)

Agnico Eagle Mines Limited reported its financial and operating results for the second quarter of 2025. The company achieved net income of $1,068.7 million, or $2.13 per share, compared to $472.0 million, or $0.95 per share, in the same period of 2024. Adjusted net income was $975.8 million, or $1.94 per share, up from $535.3 million, or $1.07 per share, in the prior year. The increase in net income was primarily driven by higher operating margins due to a 40.4% increase in realized gold prices, partially offset by a 3.1% decrease in sales volume. Gold production decreased to 866,029 ounces from 895,838 ounces in Q2 2024, mainly due to lower production at Meadowbank, Fosterville, Canadian Malartic, and La India, partially offset by increased production at Macassa and LaRonde. The company also reported strong free cash flow of $1,305.0 million, up from $557.2 million in Q2 2024. Agnico Eagle continues to focus on optimizing its operations and managing costs amidst global trade uncertainties and tariffs.