Kitco
31 Jul 2026, 22:50 UTC · 11w ago
Gold is stuck but miners are generating bags of cash
Impact · against what's priced in
Agnico Eagle and Kinross show strong fundamental decoupling from the spot gold price through record free cash flow and aggressive shareholder returns. While gold prices consolidate, these miners are shifting from leveraged bets on the metal to value plays based on operational efficiency and cash generation.
- AEM+0.60
No priced-in read yet
- In context
Agnico Eagle delivered a record quarter with $1.335 billion in free cash flow and returned $625 million to shareholders, while continuing to advance major growth projects.
Read from the article alone
