Agnico Eagle posts Q2 earnings beat as gold production hits quarterly record (NYSE:AEM)

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Agnico Eagle Mines (NYSE:AEM) +2.1% post-market Wednesday after reporting better than expected Q2 adjusted earnings and reaffirming full-year guidance for production, cost and capital spending.

Q2 net income rose to $326.8M, or $0.66/share, from $290.4M, or $0.64/share, in the year-earlier quarter, while revenues from mining operations rose nearly 9% Y/Y to $1.72B.

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