Agnico Eagle soars on strong Q1 financials

Canadian gold producer Agnico Eagle Mines has recorded a 9.21% bump in its NYSE-listed stock price on Friday, testing new 12-month highs of $47.33 a share after reporting strong first-quarter earnings. For the three months ended March 31, the Toronto-headquartered miner had reported adjusted net income of $25.7-million, or $0.12 a share, beating Wall Street analyst predictions of first-quarter earnings of only $0.02 a share by ten cents.