Agnico Eagle reported October 28 that it generated $852 million in free cash flow in the third quarter of 2026, while keeping its annual production and cost forecasts unchanged.
The company produced 814,012 ounces of gold during the quarter and reported net income of $1.353 billion, or $2.67 a share. Its realized gold price averaged $4,264 an ounce. The figures are in U.S. dollars.
Chief Executive Ammar Al-Joundi said production remains on track toward the lower end of the company's annual forecast of 3.3 million to 3.5 million ounces. The company expects its cash-cost and all-in sustaining-cost measures near the upper end of their annual ranges.
Agnico Eagle attributed that outlook to an adjusted mine plan and input-cost pressures, particularly diesel. The cost measures and free cash flow are company-defined measures outside standard accounting earnings.
The miner also reported $3.613 billion in cash and $197 million in total debt at September 30. After quarter-end, it expanded its unsecured revolving credit facility from $2 billion to $3 billion, with maturity in October 2031.
Sources Agnico Eagle third-quarter financial and operating results, October 28, 2026.