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

Year Ended

Year Ended

December 31, 2023

December 31, 2022

    

    

Weighted

    

    

Weighted

Number of

Average

Number of

Average

Stock

Exercise

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

70.36

1,643,801

 

67.10

Exercised

(940,921)

57.68

(944,989)

 

57.68

Forfeited

(240,603)

78.03

(205,117)

 

78.08

Expired

(22,650)

71.95

 

Outstanding, end of year

4,646,412

C$

77.54

4,976,636

 

C$

75.04

Options exercisable, end of year

2,950,555

C$

80.18

2,706,334

 

C$

73.76

Schedule of stock options outstanding and exercisable

Stock Options Outstanding

Stock Options Exercisable

    

    

Weighted

    

    

Weighted

    

Average

Weighted

Average

Remaining

Average

Remaining

Weighted

Number

Contractual

Exercise 

Number

Contractual

Average

Range of Exercise Prices

Outstanding

Life

Price

Exercisable

Life

Exercise Price

C$55.10 - C$67.19

1,323,290

2.96 years

C$

66.96

594,093

2.89 years

C$

66.68

C$70.36 - C$89.59

3,323,122

2.16 years

81.75

2,356,462

1.70 years

83.58

C$55.10 - C$89.59

4,646,412

2.39 years

C$

77.54

2,950,555

1.94 years

C$

80.18

Schedule of significant assumptions used to estimate the fair value

Year Ended

December 31, 

    

2023

    

2022

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

%