Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM Director Martine Celej sold 2,208 shares of the business's stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of C$111.84, for a total transaction of C$246,942.72.
Agnico Eagle Mines Stock Down 0.8 %
Shares of TSE:AEM traded down C$0.92 during mid-day trading on Friday, hitting C$117.14. 636,733 shares of the company traded hands, compared to its average volume of 715,106. The firm has a market cap of C$58.69 billion, a P/E ratio of 73.21, a PEG ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines Limited has a 52-week low of C$60.17 and a 52-week high of C$123.86. The firm's 50 day simple moving average is C$116.14 and its 200 day simple moving average is C$108.05. The company has a debt-to-equity ratio of 9.94, a quick ratio of 0.89 and a current ratio of 1.51.
Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM last posted its earnings results on Wednesday, October 30th. The company reported C$1.56 EPS for the quarter, topping analysts' consensus estimates of C$1.35 by C$0.21. The business had revenue of C$2.94 billion for the quarter, compared to analysts' expectations of C$2.50 billion. Agnico Eagle Mines had a net margin of 8.49% and a return on equity of 3.10%. On average, equities analysts anticipate that Agnico Eagle Mines Limited will post 5.4966052 EPS for the current year.
Agnico Eagle Mines Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.60 annualized dividend and a dividend yield of 1.37%. Agnico Eagle Mines's dividend payout ratio is presently 135.63%.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on AEM. National Bankshares lifted their target price on 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. UBS Group upgraded Agnico Eagle Mines to a "strong-buy" rating in a report on Tuesday, September 17th. Finally, Stifel Nicolaus raised their price target on shares of Agnico Eagle Mines from C$114.00 to C$140.00 in a report on Monday, October 21st. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Agnico Eagle Mines currently has a consensus rating of "Buy" and an average price target of C$116.00.
View Our Latest Stock Analysis on AEM
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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