Posted AT 12:44 PM EST on 29/10/09
Agnico shares drop on results
Toronto — Agnico-Eagle Mines Ltd. shares fell more than 6 per cent in Thursday trading on the TSX after the gold miner reported a loss in its latest quarter, weighed down by a non-cash foreign exchange charge.Agnico-Eagle stock dropped $4.05 to $62.05, a decline of 6.1 per cent, in trading of 2.5 million shares. The selloff came as two brokerages downgraded the Toronto company's prospects.The gold miner, which keeps its books in U.S.
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