Shares of Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM reached a new 52-week high on Monday . The stock traded as high as C$150.87 and last traded at C$149.91, with a volume of 434100 shares. The stock had previously closed at C$148.81.
Analyst Ratings Changes
AEM has been the subject of a number of research reports. National Bankshares increased their target price on Agnico Eagle Mines from C$160.00 to C$190.00 and gave the company an "outperform" rating in a research report on Wednesday. Royal Bank of Canada increased their target price on Agnico Eagle Mines to C$105.00 and gave the company a "buy" rating in a research report on Thursday, March 6th. Finally, Stifel Canada upgraded Agnico Eagle Mines to a "strong-buy" rating in a research report on Wednesday. Four research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Agnico Eagle Mines presently has a consensus rating of "Buy" and an average price target of C$128.71.
Read Our Latest Stock Report on Agnico Eagle Mines
Agnico Eagle Mines Stock Performance
The company has a market capitalization of C$52.69 billion, a P/E ratio of 52.35, a P/E/G ratio of 22.97 and a beta of 1.10. The business has a 50-day moving average of C$136.87 and a 200-day moving average of C$122.06. The company has a debt-to-equity ratio of 7.88, a current ratio of 1.75 and a quick ratio of 0.89.
Agnico Eagle Mines Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were given a $0.40 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.60 dividend on an annualized basis and a yield of 1.07%. Agnico Eagle Mines's dividend payout ratio is presently 76.24%.
Insiders Place Their Bets
In other Agnico Eagle Mines news, Senior Officer Dominique Girard sold 10,000 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of C$148.32, for a total value of C$1,483,200.00. Also, Senior Officer Ammar Al-Joundi sold 17,936 shares of the stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of C$111.84, for a total value of C$2,005,962.24. Insiders have sold a total of 80,269 shares of company stock worth $9,879,772 over the last quarter. Company insiders own 0.08% of the company's stock.
About Agnico Eagle Mines
(
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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.
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