Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$141.43 and traded as high as C$167.15. Agnico Eagle Mines shares last traded at C$166.12, with a volume of 700,130 shares trading hands.
Analyst Ratings Changes
Several research firms have recently weighed in on AEM. National Bank Financial raised Agnico Eagle Mines to a "strong-buy" rating in a research report on Friday, March 21st. BMO Capital Markets raised Agnico Eagle Mines to a "strong-buy" rating in a research report on Tuesday, April 15th. Stifel Canada raised Agnico Eagle Mines to a "strong-buy" rating in a research report on Wednesday, March 19th. UBS Group cut Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 31st. Finally, Cfra Research raised Agnico Eagle Mines to a "strong-buy" rating in a research report on Friday, April 25th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and four have given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of C$139.67.
Get Our Latest Research Report on Agnico Eagle Mines
Agnico Eagle Mines Stock Performance
The stock has a market capitalization of C$59.56 billion, a P/E ratio of 59.18, a PEG ratio of 22.97 and a beta of 1.10. The firm has a 50-day moving average of C$161.14 and a 200 day moving average of C$142.47. The company has a quick ratio of 0.89, a current ratio of 1.75 and a debt-to-equity ratio of 7.88.
Agnico Eagle Mines Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 16th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.95%. Agnico Eagle Mines's payout ratio is presently 76.24%.
Insider Activity
In other news, Senior Officer Carol-Ann Plummer-Theriault sold 5,000 shares of the business's stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of C$150.99, for a total value of C$754,950.00. Also, Senior Officer Christopher Charles Norman Vollmershausen sold 6,000 shares of the business's stock in a transaction on Friday, March 28th. The shares were sold at an average price of C$155.55, for a total transaction of C$933,300.00. In the last quarter, insiders have sold 51,632 shares of company stock worth $8,493,360. Corporate insiders own 0.08% of the company's stock.
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.
Further Reading
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
