Agnico Eagle Mines Limited (TSE:AEM) Senior Officer Christopher Charles Norman Vollmershausen Sells 6,000 Shares

Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM Senior Officer Christopher Charles Norman Vollmershausen sold 6,000 shares of the firm's stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of C$155.55, for a total transaction of C$933,300.00.

Agnico Eagle Mines Trading Down 6.3 %

Shares of TSE AEM traded down C$9.65 during mid-day trading on Friday, reaching C$143.16. The company had a trading volume of 1,691,870 shares, compared to its average volume of 1,028,003. The stock has a market cap of C$50.62 billion, a price-to-earnings ratio of 50.30, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines Limited has a 52 week low of C$82.17 and a 52 week high of C$158.10. The business's 50-day moving average is C$142.71 and its 200-day moving average is C$125.22. The company has a current ratio of 1.75, a quick ratio of 0.89 and a debt-to-equity ratio of 7.88.

Agnico Eagle Mines Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.60 annualized dividend and a yield of 1.12%. Agnico Eagle Mines's dividend payout ratio (DPR) is 76.24%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on AEM shares. Stifel Canada raised shares of Agnico Eagle Mines to a "strong-buy" rating in a research report on Wednesday, March 19th. National Bankshares raised their price objective on Agnico Eagle Mines from C$160.00 to C$190.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 19th. Royal Bank of Canada raised their price objective on shares of Agnico Eagle Mines to C$105.00 and gave the company a "buy" rating in a research report on Thursday, March 6th. UBS Group lowered Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a research note on Monday. Finally, National Bank Financial raised Agnico Eagle Mines to a "strong-buy" rating in a research note on Friday, March 21st. One analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of C$128.71.

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.