Agnico eagle reports fourth quarter and full year 2019 results - record annual and quarterly gold production; production guidance outlines 18% growth through 2022 with declining unit costs in 2021 and 2022; pipeline projects continue to advance; quarterly.q4 adjusted earnings per share $0.37 excluding items.q4 earnings per share $1.39.q4 earnings per share estimate $0.38 -- refinitiv ibes data.payable gold production in q4 of 2019 was 494,678 ounces.total capital expenditures (including sustaining capital) for full year 2019 were $824.8 million.qtrly revenues from mining operations $753.1 million versus $537.8 million.qtrly net income per share - diluted$1.38.gold production in 2020 is now forecast to be 1.875 million ounces.gold production in 2021 is now forecast to be between 2.01 million and 2.09 million ounces.gold production in 2022 is forecast to be between 2.07 million and 2.14 million ounces.q1 of 2020 is expected to be weakest quarter for gold production.agnico eagle mines - in 2020, total cash costs per ounce are forecast to be between $725 and $775.in 2020, aisc are forecast to be between $975 and $1,025 per ounce.agnico eagle mines -costs in 2020 forecast to increase over 2019 due to ongoing ramp up of nunavut operations,more conservative mining plan at laronde.total cash costs per ounce and aisc are expected to continue to decline from 2020 through 2022.
AEM Ratings Summary
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