Agnico Eagle Mines (AEM) Tops Q1 EPS by 5c, Revenues Beat
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Agnico Eagle Reports First Quarter 2020 Results; New 2020 Production and Unit Cost Guidance Issued to Reflect Impact of COVID-19 Temporary Shutdowns at Seven of Eight Mines; Restart and Ramp Up Activi
April 30, 2020 5:07 PM EDTStock Symbol:Â AEM (NYSE and TSX)
(All amounts expressed in U.S. dollars unless otherwise noted)
TORONTO, April 30, 2020 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX: AEM) ("Agnico Eagle" or the "Company") today reported a quarterly net loss of $21.6 million, or net loss of $0.09 per share, for the first quarter of 2020. This result includes non-cash foreign currency translation losses on deferred tax liabilities of $44.2 million ($0.18 per share), mark-to-market derivative losses on financial instruments of $22.1 million ($0.09... More
