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Agnico Eagle Mines reports strong earnings, beating estimates, despite a share price drop.
Despite a 4.4% drop in share price, Agnico Eagle Mines (AEM) reported strong first-quarter earnings of $1.53 per share, beating estimates.
With a market cap of $58.44 billion, the company's stock is still rated as a "Buy" with an average target price of $130.50.
Agnico, a gold mining firm, operates in several countries and analysts predict an EPS of 4.63 for the year.
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Agnico Eagle Mines reporta ganancias fuertes, superando las estimaciones, a pesar de una caída del precio de las acciones.