Agnico Eagle Mines reports US$1.52B in Q4 profit, up from US$509M last year

La mine LaRonde d'Agnico Eagle.

TORONTO — Agnico Eagle Mines Ltd. reported net income of US$1.52 billion during the fourth quarter, up from US$509 million during the same period a year earlier.

On a per share basis, its profits amounted to US$3.04 compared with US$1.02 during the last three months of 2025.

The Toronto-based gold miner, which keeps its books in U.S. dollars, reported revenue from mining operations of US$3.56 billion during the period ended Dec. 31, rising from US$2.22 billion during the previous year.

The company says its payable gold production reached 840,608 ounces in the fourth quarter, down slightly from 847,401 ounces during the same period a year earlier.

Agnico Eagle also raised its dividend by 12.5 per cent to 45 cents US per share, which the company says was reflective of strength in the business and a higher gold price environment.

Agnico Eagle CEO Ammar Al-Joundi says the company’s growth pipeline has the potential to increase annual gold production by 20 to 30 per cent over the next decade.

This report by The Canadian Press was first published Feb. 12, 2026.