financetom
Business
financetom
/
Business
/
Agnico Eagle Mines Sells Entire Orla Mining Stake for About $405.6 Million
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Agnico Eagle Mines Sells Entire Orla Mining Stake for About $405.6 Million
Sep 9, 2025 6:36 AM

09:27 AM EDT, 09/09/2025 (MT Newswires) -- Agnico Eagle Mines ( AEM ) said Tuesday it sold its entire 11.3%, or 38 million shares, stake in Orla Mining ( ORLA ) for about 560.5 million Canadian dollars ($405.6 million) through a block trade on the Toronto Stock Exchange at CA$14.75 per share.

The company said the divestment allows it to reallocate capital to its strategic priorities.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved