Shares of Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$147.00 and last traded at C$145.35, with a volume of 849779 shares. The stock had previously closed at C$140.20.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada raised their price objective on Agnico Eagle Mines to C$105.00 and gave the stock a "buy" rating in a report on Thursday, March 6th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of C$122.14.
Get Our Latest Analysis on AEM
Agnico Eagle Mines Stock Up 0.4 %
The company has a current ratio of 1.75, a quick ratio of 0.89 and a debt-to-equity ratio of 7.88. The firm has a market capitalization of C$52.62 billion, a PE ratio of 52.28, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10. The firm has a 50-day moving average of C$133.61 and a two-hundred day moving average of C$120.65.
Agnico Eagle Mines Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.08%. The ex-dividend date was Friday, February 28th. Agnico Eagle Mines's dividend payout ratio (DPR) is currently 76.24%.
Insider Buying and Selling at Agnico Eagle Mines
In other Agnico Eagle Mines news, Director Martine Celej sold 2,208 shares of the firm's stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of C$111.84, for a total value of C$246,942.72. Also, Senior Officer Ammar Al-Joundi sold 17,936 shares of the firm's stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of C$111.84, for a total value of C$2,005,962.24. Insiders have sold 80,269 shares of company stock valued at $9,879,772 over the last three months. 0.08% of the stock is owned by company insiders.
Agnico Eagle Mines Company Profile
(
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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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