ELYSEE Announces Results for the Year Ended December 31, 2023 [Yahoo! Finance]
Agnico Eagle Mines Limited (AEM)
Last agnico eagle mines limited earnings: 4/30 05:07 pm
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US:NYSE Investor Relations:
agnicoeagle.com/english/investor-relations/default.aspx
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Source: Yahoo! Finance
its audited financial results for the year ended December 31, 2023 ("FY 2023"). All dollar amounts are in Canadian funds unless otherwise noted. Highlights of Fiscal 2023 results include: Net loss of $ 4,034,438 ($0.14 per share) in FY 2023 as compared to a net loss of $2,328,192 in FY 2022, Net Asset Value as of December 31, 2023 of $0.39 per share; and Cash on hand as of December 31, 2023 of $849,798, with no debt. Fiscal 2023 was a difficult year for mining stocks in general, and exploration and early-stage development companies in particular, the primary focus of Elysee's portfolio. This overall market weakness resulted in an unrealized loss on marketable securities of $1,701,237. Management elected to take a prudent approach to the carrying value of Elysee's private equity investments, writing these down by $1,810,495. This amount includes $1,338,413 attributable to the Company's investment in US Vanadium LLC. In addition, the company realized a loss of $301,039 due t
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AEM
News
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- AGNICO EAGLE REPORTS FIRST QUARTER 2024 RESULTS - STRONG QUARTERLY GOLD PRODUCTION AND COST PERFORMANCE DRIVE RECORD QUARTERLY FREE CASH FLOW; 2023 SUSTAINABILITY REPORT RELEASEDPR Newswire
AEM
Earnings
- 4/25/24 - Beat
AEM
Sec Filings
- 4/26/24 - Form S-8
- 4/25/24 - Form 6-K
- 3/26/24 - Form 6-K
- AEM's page on the SEC website