Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM Senior Officer Ammar Al-Joundi sold 20,000 shares of Agnico Eagle Mines stock in a transaction on Monday, January 13th. The stock was sold at an average price of C$118.94, for a total value of C$2,378,852.00.
Ammar Al-Joundi also recently made the following trade(s):
- On Tuesday, December 31st, Ammar Al-Joundi sold 17,936 shares of Agnico Eagle Mines stock. The shares were sold at an average price of C$111.84, for a total value of C$2,005,962.24.
- On Thursday, November 14th, Ammar Al-Joundi sold 19,900 shares of Agnico Eagle Mines stock. The shares were sold at an average price of C$109.25, for a total value of C$2,174,075.00.
Agnico Eagle Mines Trading Down 2.5 %
Shares of AEM traded down C$3.08 during midday trading on Monday, reaching C$118.61. The company had a trading volume of 830,274 shares, compared to its average volume of 815,006. Agnico Eagle Mines Limited has a 1-year low of C$60.17 and a 1-year high of C$123.86. The stock has a market cap of C$59.43 billion, a PE ratio of 74.13, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10. The firm has a 50 day simple moving average of C$115.88 and a 200-day simple moving average of C$109.24. The company has a quick ratio of 0.89, a current ratio of 1.51 and a debt-to-equity ratio of 9.94.
Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM last issued 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. Agnico Eagle Mines had a return on equity of 3.10% and a net margin of 8.49%. The business had revenue of C$2.94 billion during the quarter, compared to the consensus estimate of C$2.50 billion. Research analysts forecast that Agnico Eagle Mines Limited will post 5.4966052 EPS for the current fiscal year.
Agnico Eagle Mines Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors 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 1.35%. The ex-dividend date was Friday, November 29th. Agnico Eagle Mines's payout ratio is 135.63%.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on AEM. Stifel Nicolaus lifted their target price on Agnico Eagle Mines from C$114.00 to C$140.00 in a research note on Monday, October 21st. UBS Group upgraded shares of Agnico Eagle Mines to a "strong-buy" rating in a report on Tuesday, September 17th. Finally, National Bankshares upped their price objective on shares of 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. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of C$116.00.
Read Our Latest Research Report 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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