Agnico Eagle Mines Ltd

AEM: XTSE (CAN)
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Agnico Eagle Earnings: Very Strong Due to the Elevated Gold Price

Agnico Eagle sold slightly fewer ounces in the first quarter than a year ago, contributing to higher unit costs, but a stronger gold price more than offset these headwinds. Adjusted NPAT rose 120% to USD 1.7 billion or USD 3.40 per share. It declared a USD 0.45 quarterly dividend, up 13%.

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