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Agnico Eagle Mines Reports Higher Third-quarter Profit, Production; Full-year Outlook Reaffirmed
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Agnico Eagle Mines Reports Higher Third-quarter Profit, Production; Full-year Outlook Reaffirmed
Oct 29, 2025 3:07 PM

05:39 PM EDT, 10/29/2025 (MT Newswires) -- Agnico Eagle Mines ( AEM ) , edged higher in after-hours New York trading Wednesday after the company said its third-quarter adjusted profit and production rose year-over-year.

The company said adjusted income, excluding most one-time items, rose to US$1.09 billion, or US$2.16 per share, from US$573 million, or US$1.14, in the year-prior quarter. FactSet expected US$1.97 per share.

Quarterly gold production rose to 866,936 ounces from 863,445 ounces in the prior-year period. The company sold 868,563 ounces of gold during the quarter, up from 855,899 ounces. The company said that "the strong operational performance in the third quarter of 2025 was led by Meadowbank and LaRonde."

Agnico Eagle reaffirmed its 2025 gold production guidance of 3.3 million to 3.5 million ounces. It said that if gold prices stay high through the rest of the year, the company expects total cash costs and all-in sustaining costs (AISC) to move toward the upper end of its respective ranges, US$915 to US$965 per ounce and US$1,250 to US$1,300 per ounce, "reflecting the strong commodity price environment and associated royalty costs impact."

Total capital spending, excluding exploration, is projected to remain between US$1.75 billion and US$1.95 billion, while capitalized exploration is expected to stay between US$290 million and US$310 million.

Agnico shares were last seen up US$0.22 to US$157.00 after-hours. They closed up $0.40 to $218.88 on the Toronto Stock Exchange.

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