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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2023
STOCK-BASED COMPENSATION  
Schedule of outstanding stock options activity

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Year Ended

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Year Ended

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December 31, 2023

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December 31, 2022

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Weighted

    

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Weighted

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Number of

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Average

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Number of

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Average

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Stock

​

Exercise

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Stock

​

Exercise

​

​

Options

​

Price

​

Options

​

Price

Outstanding, beginning of year

​

4,976,636

​

C$

75.04

​

4,482,941

 

C$

74.43

Granted

​

873,950

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​

70.36

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1,643,801

 

​

67.10

Exercised

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(940,921)

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57.68

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(944,989)

 

​

57.68

Forfeited

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(240,603)

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78.03

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(205,117)

 

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78.08

Expired

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(22,650)

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71.95

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—

 

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—

Outstanding, end of year

​

4,646,412

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C$

77.54

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4,976,636

 

C$

75.04

Options exercisable, end of year

​

2,950,555

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C$

80.18

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2,706,334

 

C$

73.76

Schedule of stock options outstanding and exercisable

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Stock Options Outstanding

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Stock Options Exercisable

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Weighted

    

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Weighted

    

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Average

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Weighted

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Average

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Remaining

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Average

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Remaining

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Weighted

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Number

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Contractual

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Exercise 

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Number

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Contractual

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Average

Range of Exercise Prices

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Outstanding

​

Life

​

Price

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Exercisable

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Life

​

Exercise Price

C$55.10 - C$67.19

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1,323,290

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2.96 years

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C$

66.96

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594,093

​

2.89 years

​

C$

66.68

C$70.36 - C$89.59

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3,323,122

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2.16 years

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​

81.75

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2,356,462

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1.70 years

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​

83.58

C$55.10 - C$89.59

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4,646,412

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2.39 years

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C$

77.54

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2,950,555

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1.94 years

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C$

80.18

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Schedule of significant assumptions used to estimate the fair value

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Year Ended

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December 31, 

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2023

    

2022

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Risk-free interest rate

 

4.26

%

1.65

%

Expected life of stock options (in years)

 

2.5

​

2.4

​

Expected volatility of Agnico Eagle’s share price

 

36.0

%

30.0

%

Expected dividend yield

 

3.6

%

2.9

%