2021 Summer Dividend Achiever Canadian Companies

摘要

Business Summary: Precious Metals (MIC: 8.2.1 SIC: 1041 NAIC: 212221) Agnico-Eagle Mines is a gold mining company with mining operations in Canada, Mexico and Finland. Co. earns a proportion of its revenues from the production and sale of gold in both dore bar and concentrate form. The remainder of revenue and cash flow is generated by the production and sale of byproduct metals. The revenue from byproduct metals is mainly generated by production at the LaRonde mine in Canada (silver, zinc, copper and lead) and the Pinos Altos mine in Mexico (silver). Recent Developments: For the quarter ended Mar 31 2021, net income amounted to US$136.1 million versus a net loss of US$21.6 million in the year-earlier quarter. Revenues were US$934.4 million, up 39.1% from US$671.9 million the year before. Operating income was US$275.4 million versus US$101.4 million in the prior-year quarter, an increase of 171.6%. Indirect operating expenses increased 17.1% to US$667.2 million from US$569.8 million in the equivalent prior-year period.