Agnico Eagle Mines (AEM) Tops Q2 EPS by 6c
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Agnico Eagle Reports Second Quarter 2016 Operating and Financial Results; Operations Continue to Deliver Strong Performance; Positive Guidance Revision; Further Reduction in Net Debt; And Dividend Inc
July 27, 2016 4:45 PM EDTStock Symbol: AEM (NYSE and TSX)(All amounts expressed in U.S. dollars unless otherwise noted)
TORONTO, July 27, 2016 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX: AEM) ("Agnico Eagle" or the "Company") today reported quarterly net income of $19.0 million, or net income of $0.09 per share for the second quarter of 2016 (on an undiluted basis). This result includes a non-cash foreign currency translation loss on deferred tax liabilities of $7.0 million ($0.03 per share), various mark-to-market and other adjustment losses of $5.8 million ($0.03 per share), non-cash foreign currency translation losses of $5.5 million ($0.02... More
