Agnico Eagle: 3 mines operating & 3 new gold mines soon.

Gold production to double to 590,000 ounces in 2009, double again to 1.2 million ounces in 2010.

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Message: Agnico Eagle Mines Posts Q3 EPS, Revenue Beat

2016-10-26 05:36:00 PM ET (MT Newswires)

05:36 PM EDT, 10/26/2016 (MT Newswires) -- Agnico Eagle Mines (AEM) rose 3.1% in Wednesday's late trading after the company reported financial results for Q3, with both top and bottom lines topping analysts' expectations.

The gold producer posted Q3 adjusted earnings of $0.25 per share, excluding one-time items, compared with the prior-year period's $0.01 per share. Analysts polled by Capital IQ were expecting EPS of $0.18.

Revenue was $610.9 million, up from $508.8 million in the same quarter last year. The Street view is for revenue of $556.3 million.

The company's board of directors declared a quarterly cash dividend of $0.10 per common share, payable on Dec. 15to shareholders of record as of Dec. 1.

Price: 49.88, Change: +1.48, Percent Change: +3.06

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