Agnico Eagle Mines Ltd
TSX:AEM

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Agnico Eagle Mines Ltd
TSX:AEM
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Price: 112.41 CAD 0.96% Market Closed
Market Cap: 56.4B CAD
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Gross Margin
Agnico Eagle Mines Ltd

60.1%
Current
56%
Average
17.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
60.1%
=
Gross Profit
4.7B
/
Revenue
7.8B

Gross Margin Across Competitors

Country CA
Market Cap 56.4B CAD
Gross Margin
60%
Country RU
Market Cap 70.4T USD
Gross Margin
62%
Country ZA
Market Cap 229.8B Zac
Gross Margin
37%
Country ZA
Market Cap 98B Zac
Gross Margin
28%
Country CN
Market Cap 399.2B CNY
Gross Margin
17%
Country US
Market Cap 43.8B USD
Gross Margin
48%
Country CA
Market Cap 38.8B CAD
Gross Margin
34%
Country CA
Market Cap 37.3B CAD
Gross Margin
60%
Country CA
Market Cap 32.1B CAD
Gross Margin
66%
Country RU
Market Cap 1.8T RUB
Gross Margin
70%
Country CN
Market Cap 104B CNY
Gross Margin
14%
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Agnico Eagle Mines Ltd
Glance View

Market Cap
56.4B CAD
Industry
Metals & Mining

Agnico Eagle Mines Ltd. began its journey as a small prospecting firm, but over the decades, it has meticulously carved its place as a prominent player in the gold mining industry. The company operates with a strategic focus on high-quality gold properties, primarily in Canada, Finland, and Mexico, which are largely situated in politically stable regions, a crucial consideration in the mining sector. This geo-focused strategy allows Agnico Eagle to maintain a strong operational control while efficiently managing costs and harnessing the benefits of economies of scale inherent in its investment-rich mines. The company's robust portfolio and its unyielding attention to sustainable practices manifest in their operational strategies, where technological innovations are seamlessly integrated into the extraction and processing practices to augment output and efficiency. Profits at Agnico Eagle primarily stem from the sale of gold bullion extracted from its mines. The company also generates revenue from other by-products of the mining process, such as silver, zinc, and copper, although gold remains the cornerstone of its earnings. Agnico Eagle's success can be attributed to its long-held philosophy of "quality over quantity." This approach is reflected in its disciplined exploration, careful development of new mines, and strategic acquisitions that emphasize ore quality. By maintaining tight control over production costs and forging strong partnerships within local communities, the company has managed not only to safeguard its assets but also to build long-term value and shareholder trust, ensuring a resilient presence in the dynamic landscape of the global mining industry.

AEM Intrinsic Value
102.24 CAD
Overvaluation 9%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
60.1%
=
Gross Profit
4.7B
/
Revenue
7.8B
What is the Gross Margin of Agnico Eagle Mines Ltd?

Based on Agnico Eagle Mines Ltd's most recent financial statements, the company has Gross Margin of 60.1%.