Agnico Eagle Mines (AEM) Misses Q2 EPS by 7c

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Go back to Agnico Eagle Mines (AEM) Misses Q2 EPS by 7c

Agnico Eagle Reports Second Quarter 2018 Results; Production Guidance Increased for 2018; Amaruq Project Receives Permit Approval; Meliadine Project Progressing on Budget and on Schedule; Drilling Con

July 25, 2018 5:00 PM EDT

Stock Symbol: AEM (NYSE and TSX)

(All amounts expressed in U.S. dollars unless otherwise noted)

TORONTO, July 25, 2018 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX: AEM) ("Agnico Eagle" or the "Company") today reported quarterly net income of $5.0 million, or $0.02 per share, for the second quarter of 2018.  This result includes a realized gain on asset disposals of $25.0 million ($0.11 per share) primarily related to the sale of the West Pequop Joint Venture, Summit and PQX properties in Nevada, non-cash foreign currency translation losses on deferred tax liabilities of $15.9... More