Agnico-Eagle Mines Ltd. (TSX: T.AEM, Stock Forum) (NYSE: AEM, Stock Forum) reported a net profit of $23.9 million or 14 cents a share in the first quarter of 2013. The Toronto-based gold miner also said first quarter 2013 production and costs were in line with expectations.
Company officials are scheduled to discuss the company’s 2013 financial results during a conference call with analysts, Friday, (9:00 a.m.), April 26, the company said in a press release.
Agnico’s production guidance for 2013 remains unchanged at between 970,000 and just over one million ounces of gold. Payable gold production in the first quarter was 236,975 ounces, compared to 254,955 ounces a year earlier.
Agnico results were released after the close of trading Thursday when the stock eased 1.3% to $33.65, leaving a market cap of $5.8 billion, based on 172.7 million shares outstanding. The 52-week range is $56.99 and $31.59.