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BRIEF-Agnico Eagle Q2 Earnings Per Share $0.02

Published 2018-07-25, 05:09 p/m
© Reuters.  BRIEF-Agnico Eagle Q2 Earnings Per Share $0.02
AEM
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July 25 (Reuters) - Agnico Eagle Mines Ltd AEM.TO :

* 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 CONTINUES TO EXTEND MINERALIZATION AT MULTIPLE MINE SITES

* Q2 EARNINGS PER SHARE $0.02

* Q2 EARNINGS PER SHARE VIEW $0.07 -- THOMSON REUTERS I/B/E/S

* Q2 ADJUSTED EARNINGS PER SHARE $0.01 EXCLUDING ITEMS

* QTRLY REVENUES FROM MINING OPERATIONS $556.3 MILLION VERSUS $549.9 MILLION REPORTED LAST YEAR

* PAYABLE GOLD PRODUCTION IN Q2 WAS 404,961 OUNCES AT PRODUCTION COSTS PER OUNCE OF $750

* TOTAL CAPITAL EXPENDITURES (INCLUDING SUSTAINING CAPITAL) IN 2018 REMAIN FORECAST TO BE APPROXIMATELY $1.08 BILLION

* Q2 REVENUE VIEW $539.6 MILLION -- THOMSON REUTERS I/B/E/S

* PRODUCTION FOR 2018 IS NOW FORECAST TO BE 1.58 MILLION OUNCES OF GOLD

* SETS QUARTERLY DIVIDEND OF $0.11PER SHARE

* 2018 UNIT COST GUIDANCE IS UNCHANGED WITH TOTAL CASH COSTS PER OUNCE OF $625 TO $675 AND AISC OF $890 TO $940 PER OUNCE

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