Agnico Eagle stock: Q3 cash flow stays strong as outlook holds
Published on 10/30/2026 at 16:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSStrong quarter, cautious production outlook
- Agnico Eagle reported strong third-quarter earnings and free cash flow on October 28.
- Management kept 2026 production guidance near the lower end while costs are expected near the upper end.
- Growth projects at Odyssey, Detour Lake, Upper Beaver and Hope Bay continued to advance.
Agnico Eagle Mines reported strong third-quarter results on October 28, with management highlighting operational execution, cash generation and continued project development. The company maintained its full-year production outlook near the lower end of its guidance range, while costs are expected near the upper end.
According to the Fidelity report carrying the company's release, payable gold production reached 814,012 ounces in the quarter. Adjusted net income was 1.324 billion US dollars, or 2.62 US dollars per share, while free cash flow came to 852 million US dollars.
Production holds, costs move higher
Realized gold prices averaged 4,264 US dollars per ounce, helping offset lower production than in the year-earlier quarter. All-in sustaining costs rose to 1,648 US dollars per ounce, while total cash costs reached 1,133 US dollars per ounce.
Agnico Eagle expects 2026 gold production near the lower end of its 3.3 million-to-3.5 million-ounce range. Full-year total cash costs and all-in sustaining costs are expected near the upper ends of their respective guidance ranges, reflecting diesel, labor and consumables pressure.
Growth projects remain in focus
The company continued work at several long-term growth projects. Odyssey shaft and underground development advanced at Canadian Malartic, while the Detour Lake underground project and Upper Beaver development also progressed. Hope Bay construction remained on schedule, with first gold production expected in 2030.
Agnico Eagle stock traded at 145.55 euros on Lang & Schwarz at 4:40 p.m. CEST on Friday, October 30, 2026.
That quote compares with 160.35 euros in the latest relevant report on October 27, a decline of 9.23 percent since that report. The real-time quote of Agnico Eagle stock provides the latest trading view.
Agnico Eagle Mines at a glance
- Company: Agnico Eagle Mines Limited
- ISIN: CA0084741085
- Ticker: AEM
- Home exchanges: New York Stock Exchange and Toronto Stock Exchange
- Lang & Schwarz quote: 145.55 euros on Friday, October 30, 2026, at 4:40 p.m. CEST
- Third-quarter gold production: 814,012 ounces
- Third-quarter free cash flow: 852 million US dollars
Gold-mining shares remain sensitive to bullion prices, operating costs and project execution. Investors can follow broader conditions in the S&P 500 market coverage.
