Agnico Eagle Mines Ltd (TSX:AEM)
C$ 116.07 -2.67 (-2.25%) Market Cap: 58.21 Bil Enterprise Value: 59.09 Bil PE Ratio: 42.45 PB Ratio: 2.10 GF Score: 87/100

Q4 2019 Agnico Eagle Mines Ltd Earnings Call Transcript

Feb 14, 2020 / 04:00PM GMT
Release Date Price: C$66.06 (-15.62%)
Operator

Good morning. My name is Marcella, and I will be your conference operator today. At this time, I'd like to welcome everyone to the Agnico Eagle Fourth Quarter Results 2019 Conference Call. (Operator Instructions)

Mr. Sean Boyd, you may begin your conference.

Sean Boyd
Agnico Eagle Mines Limited - Vice-Chairman & CEO

Thank you, operator, and good morning, everyone, and thank you for calling in to our fourth quarter and full year 2019 results conference call.

Before we get into the slides, please be aware that this presentation includes forward-looking statements.

I'd like to begin by just summarizing 2019 and the fourth quarter. In the fourth quarter, we had record gold production as we brought on the 2 new mines in Nunavut. We also had record cash generation in 2019.

With that added production, we see 18% production growth from 2019 out to 2022, and we'll provide some details on that production growth in a minute. Although we had a very strong 2019 and in fourth quarter 2019, we still have some work to do in Nunavut

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