Agnico Eagle Mines Reports Quarterly Results With 863,445 Ounces Of Payable Gold Production; Production Costs Per Ounce At $908, Total Cash Costs At $921, And AISC At $1,286
Portfolio Pulse from Benzinga Newsdesk
Agnico Eagle Mines reported its quarterly results, highlighting a production of 863,445 ounces of payable gold. The production costs per ounce were $908, total cash costs were $921, and the all-in sustaining costs (AISC) were $1,286.
October 30, 2024 | 9:08 pm
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Agnico Eagle Mines reported strong quarterly gold production of 863,445 ounces with competitive production costs. This performance may positively influence investor sentiment.
The reported production and cost metrics are key indicators of Agnico Eagle Mines' operational efficiency and profitability. The competitive production costs and high output are likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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