Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$137.26 and traded as high as C$162.67. Agnico Eagle Mines shares last traded at C$160.79, with a volume of 1,167,142 shares changing hands.
Analyst Ratings Changes
Several brokerages have recently issued reports on AEM. Cfra Research raised Agnico Eagle Mines to a "strong-buy" rating in a report on Friday, April 25th. UBS Group downgraded shares of Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a report on Monday, March 31st. Royal Bank of Canada increased their target price on shares of Agnico Eagle Mines to C$105.00 and gave the stock a "buy" rating in a research note on Thursday, March 6th. Stifel Nicolaus upped their price target on Agnico Eagle Mines from C$185.00 to C$195.00 in a report on Monday, April 28th. Finally, National Bankshares lifted their price target on shares of Agnico Eagle Mines from C$160.00 to C$190.00 and gave the company an "outperform" rating in a research note on Wednesday, March 19th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of C$139.67.
Read Our Latest Report on Agnico Eagle Mines
Agnico Eagle Mines Price Performance
The company has a market capitalization of C$56.91 billion, a PE ratio of 56.55, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10. The company has a debt-to-equity ratio of 7.88, a current ratio of 1.75 and a quick ratio of 0.89. The stock's 50 day simple moving average is C$157.32 and its 200-day simple moving average is C$137.81.
Agnico Eagle Mines Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 16th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.60 annualized dividend and a yield of 0.99%. Agnico Eagle Mines's dividend payout ratio (DPR) is 76.24%.
Insider Buying and Selling
In other news, Senior Officer Guy Gosselin sold 3,527 shares of the business's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of C$157.50, for a total value of C$555,502.50. Also, Senior Officer Dominique Girard sold 10,000 shares of the firm's stock in a transaction 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. Insiders sold 29,728 shares of company stock worth $4,566,968 over the last 90 days. 0.08% of the stock is owned by insiders.
About Agnico Eagle Mines
(
Get Free Report)
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.
Featured Articles
Before you consider Agnico Eagle Mines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Agnico Eagle Mines wasn't on the list.
While Agnico Eagle Mines currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
