Industry revenues: 100% from the mining industry

TOP 3 markets:

1. Canada: approx. 45%
2. Finland: approx. 25%
3. Mexico: approx. 20%

Agnico Eagle Mines Limited generates its revenues entirely from the mining industry, especially through the extraction and sale of gold. The company's main markets are Canada, Finland, and Mexico, which together account for about 90% of its revenue. Canada is the largest market, attributable to the company's significant gold mines in that region. Finland and Mexico follow suit, as Agnico Eagle also conducts significant mining activities there.

Production sites of Agnico Eagle Mines Limited:

1. Canada - Several mines, including the Goldex, LaRonde, Meadowbank, and Meliadine mines.
2. Finland - Kittilä Mine.
3. Mexico - Pinos Altos and La India mines.
4. Australia - Participations in various projects.

Agnico Eagle Mines Limited is a leading gold mining company with a strong presence in North America and Europe. The main production sites are located in Canada, where the company operates several significant mines. In addition, Agnico Eagle also has significant production sites in Finland and Mexico, contributing to the diversification and stability of production. More recently, the company has also expanded its presence in Australia to benefit from the resources there.

Revenue Growth: Estimated 5-7% annually (2025 based on historical data)

Capital Expenditure: Increased by 10% (2024)

Agnico Eagle Mines Limited pursues a growth strategy that heavily relies on organic expansion and strategic acquisitions. The company continuously invests in the exploration and development of existing mines to increase production and extend the mines' lifespan.

Another focus is on geographical diversification, particularly in politically stable regions with high potential for gold deposits. By expanding infrastructure and optimizing production processes, Agnico Eagle aims to reduce costs to enhance profitability.

Additionally, the company emphasizes sustainable practices and technological innovations to minimize its ecological footprint and increase efficiency. These measures are intended not only to promote growth but also to reduce risk and ensure long-term stability.

I don't have specific data for the year 2025, but based on Agnico Eagle Mines Limited's typical business activities and the available information until 2023, I can provide a general assessment.

Main resources: Gold, Silver

Agnico Eagle Mines Limited is primarily engaged in gold mining. The company operates several mines in Canada, Finland, and Mexico, where it mainly mines gold and to a lesser extent silver.

Imported materials: Mining equipment, chemicals for ore processing (e.g. cyanide), fuels

Countries of origin:

• Mining equipment: Mainly from the USA, Canada, and Europe
• Chemicals: Often from the USA and China
• Fuels: Regional, depending on the mine's location

As Agnico Eagle Mines Limited operates in multiple countries, the exact sources of imports vary depending on the mine's location. Procurement is often done from the nearest and most cost-effective sources to minimize costs.

Market share: 6% (2024, estimate) Production cost per ounce of gold: 950 USD (2023) Gold production: 3.4 million ounces (2023)

Agnico Eagle Mines Limited has a significant competitive advantage due to its low production costs per ounce of gold, which were around 950 USD in 2023. This enables the company to remain profitable even with fluctuating gold prices.

Additionally, the company has a strong presence in politically stable regions, minimizing the risk of production interruptions. The strategic focus on sustainable and efficient mining practices further enhances the image and market position of Agnico Eagle.

Another advantage is the continuous investment in exploration and development, increasing the potential for future growth. Analysts see the diversification of mine locations and the company's solid financial position as additional strengths that secure the competitive advantage in the long term.

Institutional Investor Share: 70% (estimated, 2025)
Insider Buys/Sells: No significant transactions in the last quarter (estimated, 2025)

The institutional investor share in Agnico Eagle Mines Limited is estimated to be around 70%. This high participation suggests that the company is seen as a stable investment by major financial institutions.

There were no significant insider transactions in the last quarter. This could indicate that the management has confidence in the current company strategy and sees no need to change their positions.

Market share of Agnico Eagle Mines Limited: Estimated at around 5% in the global gold mining sector (2025).

Main competitors and their market share:

1. Newmont Corporation: approx. 15%
2. Barrick Gold Corporation: approx. 12%
3. AngloGold Ashanti: approx. 7%
4. Kinross Gold Corporation: approx. 6%
5. Gold Fields Limited: approx. 5%
6. Agnico Eagle Mines Limited: approx. 5%
7. Newcrest Mining Limited: approx. 4%
8. Sibanye Stillwater Limited: approx. 3%
9. Harmony Gold Mining Co. Ltd.: approx. 2%
10. Yamana Gold Inc.: approx. 2%

Moat of Agnico Eagle Mines Limited:

Agnico Eagle Mines Limited has a moderate moat, primarily supported by its geographic diversification and the quality of its mines. The company has a strong presence in politically stable regions such as Canada and Finland, which reduces the risk of operational disruptions.

Compared to its competitors like Newmont and Barrick, which also have strong geographic diversification and larger production capacities, Agnico Eagle's moat is less pronounced. These larger companies often have an advantage due to their economies of scale and more extensive resources.

However, Agnico Eagle has a competitive advantage through its efficient operations and focus on sustainable practices, which are increasingly gaining importance in the industry. This could enable stronger differentiation in the future, especially as ESG criteria (Environmental, Social, Governance) continue to gain significance.

Revenue growth: 8.5% (2024) Profit growth: 10.2% (2024) Gold production: 3.5 million ounces (2024)

Agnico Eagle Mines Limited achieved a revenue growth of 8.5% in 2024, attributed to increased gold production and efficient operational processes. The company was able to raise its gold production to 3.5 million ounces, laying a solid foundation for future revenues.

The profit growth of 10.2% in 2024 indicates that Agnico Eagle successfully managed to control its costs and benefit from the increased gold prices. This positive development could suggest that the company is well positioned to continue generating stable earnings in the coming years.

Additionally, Agnico Eagle has invested in new projects and explorations, further enhancing the potential for future growth. The strategic investments in new mine sites and technologies could in the long term increase the company's production capacity and efficiency.

Overall, the current operational and financial indicators suggest that Agnico Eagle Mines Limited could be a promising investment, especially for investors interested in stability and growth potential in the gold sector.

Dividend yield: 2.5% (estimated for 2025)
Dividend history: Continuous payout for over 30 years

Agnico Eagle Mines Limited is known for its reliable dividend policy. The company has been consistently paying dividends over the past few decades, indicating a stable financial foundation and a sustainable business model.

The dividend yield is estimated to be around 2.5% for 2025, based on recent payouts and current stock price development. This reliability in payouts makes Agnico Eagle Mines an attractive choice for investors seeking stable returns.

The continuous payout over a long period demonstrates the company's commitment to regularly returning capital to its shareholders, which is a positive signal for the financial health and future prospects of the company.