Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM Senior Officer Guy Gosselin sold 22,500 shares of Agnico Eagle Mines stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of C$121.80, for a total transaction of C$2,740,500.00.
Agnico Eagle Mines Price Performance
TSE:AEM traded down C$0.06 during midday trading on Friday, hitting C$121.69. 961,579 shares of the stock were exchanged, compared to its average volume of 812,825. The company has a market capitalization of C$60.97 billion, a price-to-earnings ratio of 76.06, a P/E/G ratio of 22.97 and a beta of 1.10. The company has a current ratio of 1.51, a quick ratio of 0.89 and a debt-to-equity ratio of 9.94. Agnico Eagle Mines Limited has a one year low of C$60.17 and a one year high of C$123.86. The business has a 50-day moving average price of C$115.84 and a two-hundred day moving average price of C$108.86.
Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM last released its earnings results on Wednesday, October 30th. The company reported C$1.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$1.35 by C$0.21. The firm had revenue of C$2.94 billion for the quarter, compared to analyst estimates of C$2.50 billion. Agnico Eagle Mines had a return on equity of 3.10% and a net margin of 8.49%. Sell-side analysts predict that Agnico Eagle Mines Limited will post 5.4966052 EPS for the current year.
Agnico Eagle Mines Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend was Friday, November 29th. Agnico Eagle Mines's dividend payout ratio (DPR) is presently 135.63%.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on AEM shares. Stifel Nicolaus upped their price objective on shares of Agnico Eagle Mines from C$114.00 to C$140.00 in a research report on Monday, October 21st. National Bankshares raised their price objective on Agnico Eagle Mines from C$143.00 to C$144.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. Finally, UBS Group upgraded Agnico Eagle Mines to a "strong-buy" rating in a report on Tuesday, September 17th. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of C$116.00.
View Our Latest Research Report on Agnico Eagle Mines
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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