Wallbridge Mining reveals sale of Detour East claims to Agnico Eagle
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 02 2025
0mins
Should l Buy AEM?
Transaction Details: Wallbridge Mining sold the Detour East property claims to Agnico Eagle Mines for $8 million in cash and a 2% NSR royalty.
Strategic Focus: The sale provides Wallbridge with immediate liquidity, allowing the company to concentrate on exploring and developing its Detour-Fenelon Gold Trend Property in Quebec.
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Analyst Views on AEM
Wall Street analysts forecast AEM stock price to fall
12 Analyst Rating
7 Buy
4 Hold
1 Sell
Moderate Buy
Current: 217.190
Low
1.60
Averages
184.54
High
231.00
Current: 217.190
Low
1.60
Averages
184.54
High
231.00
About AEM
Agnico Eagle Mines Limited is a Canada-based and led senior gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of exploration and development projects. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration sites include Barsele, Delta, Dubuisson, El Barqueno, Hammond Reef, Hope Bay, Jennings, Morelos Sur, North Madsen, Northern Territory, Pandora/Wood-Pandora, and others. The Canadian Malartic complex is located in the town of Malartic, 25 kilometers (km) west of Val-d’Or in northwestern Quebec. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo. It also owns a 100% interest in all its properties (128,680 hectares) in Quebec. Its projects also include Marban Alliance, Horizon, Alpha, Launay, Peacock, and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Earnings Announcement Date: Agnico Eagle (AEM) is set to release its Q4 earnings on February 12th after market close, with consensus EPS estimate at $2.65 and revenue at $3.45 billion, reflecting a significant 54.7% year-over-year growth that could solidify its market position.
- Historical Performance: Over the past two years, AEM has exceeded EPS estimates 100% of the time and revenue estimates 75% of the time, showcasing strong performance in profitability and market expectation management, which enhances investor confidence.
- Estimate Revisions: In the last three months, AEM's EPS estimates have seen 9 upward revisions with no downward adjustments, and revenue estimates have experienced 5 upward revisions, indicating a positive market outlook that may drive stock price increases.
- Market Analysis Perspective: While Agnico Eagle is viewed as a top-tier gold mining choice, concerns regarding valuation and return on equity (ROE) have led analysts to maintain a neutral rating, which could influence investor decisions.
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- Mineral Reserves Increase: As of December 31, 2025, Agnico Eagle's gold mineral reserves reached 55.44 million ounces, reflecting a 2.1% increase from 2024, primarily due to additions at Detour Lake, Odyssey, and Hope Bay, indicating strong growth potential in the gold mining sector.
- Successful Exploration Activities: In 2025, Agnico Eagle operated an average of 120 diamond drill rigs, drilling 1.4 million meters, successfully converting inferred resources into measured and indicated resources, particularly at Detour Lake and Meliadine, thereby strengthening the company's resource base.
- 2026 Exploration Guidance: The company plans to allocate between $565 million and $635 million for exploration in 2026, focusing on extending mine life at existing operations and advancing key projects, demonstrating strong confidence in future growth.
- Marban Project Progress: The Marban project reported initial probable mineral reserves of 1.58 million ounces at year-end 2025, marking a successful integration of the Malartic camp and enhancing the company's competitive position in the gold mining industry.
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- Record Free Cash Flow: In 2025, Agnico Eagle achieved a free cash flow of $4.399 billion, a 106% increase from 2024, which not only strengthens the company's balance sheet but also provides robust support for future investments and shareholder returns.
- Gold Production Growth Potential: The company anticipates a 20% to 30% increase in annual gold production over the next decade, expected to exceed four million ounces by 2030, significantly enhancing its market competitiveness and profitability.
- Strong Financial Performance: In 2025, the company reported a net income of $4.461 billion, a 142% increase from 2024, indicating a marked improvement in operational efficiency and profitability in a high gold price environment, further solidifying its leadership in global gold production.
- Shareholder Return Plan: Agnico Eagle announced a 12.5% increase in its quarterly dividend to $0.45 per share, reflecting confidence in future cash flows and a commitment to ongoing shareholder returns.
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- Reserve Growth: As of year-end 2025, Agnico Eagle's gold mineral reserves increased by 2.1% to 55.4 million ounces, primarily driven by reserve replacement and new discoveries at Detour Lake, Odyssey, and Hope Bay, indicating strong growth potential in the gold mining sector.
- Resource Assessment Improvement: Measured and indicated mineral resources rose by 9.6% to 47.1 million ounces, enhancing the company's competitiveness in the global gold market, particularly against the backdrop of rising gold prices, which boosts future profitability expectations.
- Exploration Plan Expansion: In 2026, Agnico Eagle plans to allocate between $565 million and $635 million for exploration expenditures, focusing on extending the mine life of existing operations and advancing key projects, demonstrating the company's strong confidence in future growth.
- Hope Bay Project Success: Exploration success at the Patch 7 zone in Hope Bay led to a 123% increase in indicated mineral resources to 1.7 million ounces, further solidifying Agnico Eagle's leading position in high-grade mineral resource development.
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- Significant Reduction: The Michigan Municipal Employees' Retirement System reduced its position in the iShares MSCI Global Gold Miners ETF by 528,148 shares during Q4 2025, with an estimated transaction value of $35.65 million, indicating a cautious stance towards the gold market.
- Value Change in Holdings: As of the end of Q4 2025, the fund's stake in RING was 844,062 shares valued at $62.16 million, with a net position change reflecting a decrease of $26.64 million, highlighting the impact of market fluctuations on its portfolio.
- Investment Strategy Insight: This ETF focuses on global gold mining companies, achieving a total return of 129.8% over the past year, showcasing the positive effect of rising gold prices on mining stocks, although recent weeks have seen a pause in gold price increases.
- Future Outlook: Despite the reduction, holding 62% of RING shares indicates the fund's long-term bullish outlook on gold mining, suggesting potential for outsized returns as gold prices continue to fluctuate.
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