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Rank #5 · NYSE:AEM
Senior Producer · Primary: Gold
Canada · Jurisdictions: Canada, Finland, Mexico, Australia
Canonical listing price
$189.02
+2.80%(+5.15 USD)
Updated 10/9/2026, 1:30:00 PM
Price data: Twelve Data
Gold · Senior Producer
vs Gold
1M -0.0 pp·3M +36.6 pp
vs GDX
1M +3.1 pp·3M +10.0 pp
1M vs Gold Miners group: +3.3 pp
Jurisdiction: Canada, Finland, Mexico, Australia · Market cap rank-only (licensing)
Close-based returns and relative performance in percentage points vs mapped metal/ETF. Not a buy/sell signal or price target.
Next report
Reporting calendar →FY2026 · Expected window 2028-03-18 → 2028-04-01
Expected window 2028-03-18 → 2028-04-01 (FY2026).
Valuation
Current market multiples relative to reported TTM financials. Peer context uses the Mining 50 Gold · Senior Producer group. Not fair value, price targets, or investment advice.
Historical Valuation
Point-in-time multiples at annual filing dates using prices and financials publicly available as of each date. Percentiles and medians use available history only — descriptive context, not fair value or investment advice.
P/FCF
EV/FCF
Historical chart
Each point is a filing-date snapshot — not a continuous daily valuation series.
Filing-date periodic snapshots · 5 observations · price source: Twelve Data
MINING50-HISTORICAL-VALUATION-1.0 · filing-date periodic
Balance Sheet & Capital Allocation
Annual FY trends from certified filing data. Descriptive direction and magnitude only — not a quality score or investment recommendation.
Cash
$2.87B
+$1.94B YoY (+209.4%)
Debt
$196.27M
$-856.68M YoY (-81.4%)
Net Debt
Net Cash: $2.67B
Moved from $126.53M net debt to $2.67B net cash.
Share Count
500.0M
-1.7M shares YoY (-0.3%)
3-year share count change: +9.5% over 3 years
Capex / Revenue
20.4%
Prior year: 21.9%
FCF Conversion
64.5%
Prior year: 54.1%
FCF (FY)
$4.40B
+$2.26B YoY (+105.3%)
Debt Reduction
Total debt declined $856.68M (-81.4%) versus the prior year.
2024-12-31 → 2025-12-31
Cash Build
Cash increased $1.94B (+209.4%) versus the prior year.
2024-12-31 → 2025-12-31
Higher Capex
Capital expenditures increased from $1.82B to $2.42B.
2024-12-31 → 2025-12-31
Operating Performance
Annual FY revenue, cash flow, capex, and margins from certified filing data. Descriptive trends only — not a quality score or investment recommendation.
Revenue
$11.88B
+$3.59B YoY (+43.4%)
Operating Cash Flow
$6.82B
+$2.86B YoY (+72.1%)
Free Cash Flow
$4.40B
+$2.26B YoY (+105.3%)
Capex
$2.42B
+$600.25M YoY (+33.0%)
3-year revenue change: +106.9% over 3 years
OCF Margin
57.4%
Prior year: 47.8%
Change: +9.6 pp
FCF Margin
37.0%
Prior year: 25.9%
Change: +11.2 pp
Capex / Revenue
20.4%
Prior year: 21.9%
Revenue Increase
Revenue increased 43.4% versus the prior comparable period.
2024-12-31 → 2025-12-31
Operating Cash Flow Increase
Operating cash flow increased $2.86B (+72.1%) versus the prior comparable period.
2024-12-31 → 2025-12-31
Free Cash Flow Increase
Free cash flow increased $2.26B (+105.3%) versus the prior comparable period.
2024-12-31 → 2025-12-31
Higher Capital Spending
Capital expenditures increased from $1.82B to $2.42B.
2024-12-31 → 2025-12-31
OCF Margin Increase
Operating cash flow margin moved from 47.8% to 57.4% (+9.6 pp).
2024-12-31 → 2025-12-31
Fundamental Changes
Deterministic changes from certified financial metrics. Descriptive only — not a quality score or investment recommendation.
Latest filing period: 9 material changes · 19 operating · 13 balance-sheet · 5 capital-allocation
FY2025 · Filed Mar 19, 2026
Debt Reduction
Total debt declined $856.68M (-81.4%) versus the prior year.
Official filing sourceCash Build
Cash increased $1.94B (+209.4%) versus the prior year.
Official filing sourceRevenue Increase
Revenue increased 43.4% versus the prior comparable period.
Official filing sourceOperating Cash Flow Increase
Operating cash flow increased $2.86B (+72.1%) versus the prior comparable period.
Official filing sourceFree Cash Flow Increase
Free cash flow increased $2.26B (+105.3%) versus the prior comparable period.
Official filing sourceOCF Margin Increase
Operating cash flow margin moved from 47.8% to 57.4% (+9.6 pp).
Official filing sourceFCF Margin Increase
Free cash flow margin moved from 25.9% to 37.0% (+11.2 pp).
Official filing sourceMoved to Net Cash
The company moved from $126.53M of net debt to $2.67B of net cash.
Official filing sourceModules: mtf-trend, momentum, relative-strength · Last calculated: 10/12/2026, 10:39:47 AM
Price data provided by Twelve Data. Charts provided by TradingView. Grey Rabbit Scores and analysis are proprietary to Grey Rabbit Markets.
Gold · Senior Producer · factual only
| Company | Market Cap | Production | AISC | Net Debt / Cash |
|---|---|---|---|---|
| Agnico Eagle Mines Limited(AEM) | $94.51B | 3.45 Moz | $1,200/oz | $800.00M |
| AngloGold Ashanti plc(AU) | — | 2.65 Moz | $1,500/oz | $700.00M |
| Barrick Mining Corporation(GOLD) | — | 4.05 Moz | $1,350/oz | $1.20B |
| Gold Fields Limited(GFI) | — | 2.30 Moz | $1,550/oz | $900.00M |
| Newmont Corporation(NEM) | — | 5.26 Moz | $1,358/oz | $2.53B |
Sorted by market cap then name — not a ranking. Comparable curated fields only.
Multi-period filing history is available on Pro. Latest TTM P&L above is public.
Derived: eligible price × ADR-aware shares · Agnico Eagle Mines Limited · Derived: Debt − Cash · Through 2026-02-13 · Coverage 7/8 key fields · not live filing scrape · Filing-backed TTM P&L from SEC companyfacts (cached — not live scrape)
Periods: Q4 2025 · FY 2026 Guidance · FY 2025 · YE 2025 · 2025-12-31
MINING50-MARKETCAP-1.0 · MINING50-NETDEBT-1.0 · MINING50-TTM-1.0 · MINING50-FCF-1.0 · MINING50-FCF-MARGIN-1.0
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