Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM's stock price reached a new 52-week high on Wednesday . The stock traded as high as C$175.33 and last traded at C$170.18, with a volume of 447751 shares changing hands. The stock had previously closed at C$168.38.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on AEM. BMO Capital Markets upgraded shares of Agnico Eagle Mines to a "strong-buy" rating in a research report on Tuesday, April 15th. Stifel Nicolaus upped their target price on shares of Agnico Eagle Mines from C$165.00 to C$185.00 in a research report on Monday. Stifel Canada upgraded Agnico Eagle Mines to a "strong-buy" rating in a research report on Wednesday, March 19th. National Bank Financial raised Agnico Eagle Mines to a "strong-buy" rating in a research note on Friday, March 21st. Finally, UBS Group lowered Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 31st. One analyst has rated the stock with a hold rating, three have issued a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of C$138.00.
Check Out Our Latest Analysis on Agnico Eagle Mines
Agnico Eagle Mines Stock Up 1.5 %
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 stock has a 50 day simple moving average of C$148.38 and a 200 day simple moving average of C$129.67. The firm has a market capitalization of C$60.41 billion, a PE ratio of 60.03, a PEG ratio of 22.97 and a beta of 1.10.
Agnico Eagle Mines Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were given a dividend of $0.40 per share. The ex-dividend date was Friday, February 28th. This represents a $1.60 annualized dividend and a yield of 0.94%. Agnico Eagle Mines's payout ratio is currently 76.24%.
Insider Buying and Selling at Agnico Eagle Mines
In other news, Senior Officer Christopher Charles Norman Vollmershausen sold 6,000 shares of the firm's stock in a transaction on Friday, March 28th. The stock was sold at an average price of C$155.55, for a total transaction of C$933,300.00. Also, Senior Officer Dominique Girard sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of C$148.32, for a total transaction of C$1,483,200.00. Over the last quarter, insiders have sold 26,625 shares of company stock worth $3,958,905. 0.08% of the stock is currently 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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