AEM is trading at $161.00 (up 7.1%) in pre-market action, rebounding from an earlier 3.8% selloff triggered by a revised 2026 gold production outlook.
- The company lowered its 2026 guidance following a rock mass movement at the Barnat pit within the Canadian Malartic complex.
- Investors are digesting that the incident did not impact Q2 output and leaves the long-term production pathway for the Canadian Malartic and Odyssey mines intact.