Agnico Eagle Mines Limited (TSE:AEM) Director John Merfyn Roberts Sells 2,000 Shares

Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM Director John Merfyn Roberts sold 2,000 shares of the company's stock in a transaction on Monday, January 13th. The stock was sold at an average price of C$118.43, for a total transaction of C$236,860.00.

Agnico Eagle Mines Trading Up 1.6 %

Shares of TSE AEM traded up C$1.92 during midday trading on Tuesday, reaching C$120.53. 838,999 shares of the stock were exchanged, compared to its average volume of 817,671. The company has a market capitalization of C$60.39 billion, a price-to-earnings ratio of 75.33, a P/E/G ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines Limited has a 12 month low of C$60.17 and a 12 month high of C$123.86. The company has a debt-to-equity ratio of 9.94, a current ratio of 1.51 and a quick ratio of 0.89. The business has a 50-day simple moving average of C$115.87 and a two-hundred day simple moving average of C$109.30.

Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM last posted its quarterly earnings data on Wednesday, October 30th. The company reported C$1.56 earnings per share for the quarter, topping the consensus estimate of C$1.35 by C$0.21. Agnico Eagle Mines had a return on equity of 3.10% and a net margin of 8.49%. The company had revenue of C$2.94 billion during the quarter, compared to analysts' expectations of C$2.50 billion. As a group, equities research analysts expect that Agnico Eagle Mines Limited will post 5.4966052 EPS for the current year.

Agnico Eagle Mines Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend was Friday, November 29th. Agnico Eagle Mines's dividend payout ratio (DPR) is 135.63%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. National Bankshares increased their price target on shares of Agnico Eagle Mines from C$143.00 to C$144.00 and gave the company an "outperform" rating in a report on Friday, November 1st. Stifel Nicolaus upped their price target on Agnico Eagle Mines from C$114.00 to C$140.00 in a report on Monday, October 21st. Finally, UBS Group upgraded shares of Agnico Eagle Mines to a "strong-buy" rating in a research note on Tuesday, September 17th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of C$116.00.

About Agnico Eagle Mines

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.