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Agnico-Eagle Mines Ltd.

12:12 PM EST - Agnico-Eagle Mines Ltd. : reported fourth-quarter net income of $47.9 million U.S., or $0.31 U.S. per share, compared to net income of $21.9 million U.S. or $0.15 U.S. per share in the same quarter last year. Quarterly results included a non-cash foreign currency translation loss of $7.8 million U.S. or $0.05 U.S. per share, stock option expense of $6.3 million U.S. or $0.04 U.S. per share, and a gain on sale of investments of $3.7 million U.S. or $0.02 U.S. per share. Agnico-Eagle Mines Ltd. shares T.AEM are trading up $1.35 at $63.24.