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 traded.
Analyst Ratings Changes
AEM has been the subject of a number of recent research reports. National Bankshares boosted their price objective on shares of Agnico Eagle Mines from C$160.00 to C$190.00 and gave the company an "outperform" rating in a research report on Wednesday, March 19th. National Bank Financial raised Agnico Eagle Mines to a "strong-buy" rating in a report on Friday, March 21st. Cfra Research upgraded Agnico Eagle Mines to a "strong-buy" rating in a research report on Friday, April 25th. BMO Capital Markets raised Agnico Eagle Mines to a "strong-buy" rating in a research report on Tuesday, April 15th. Finally, Royal Bank of Canada boosted their price objective on Agnico Eagle Mines to C$105.00 and gave the company a "buy" rating in a research note on Thursday, March 6th. 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 stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of C$139.67.
Read Our Latest Report on Agnico Eagle Mines
Agnico Eagle Mines Trading Up 1.8%
The company has a debt-to-equity ratio of 7.88, a quick ratio of 0.89 and a current ratio of 1.75. The company has a market capitalization of C$59.80 billion, a PE ratio of 59.42, a PEG ratio of 22.97 and a beta of 1.10. The stock has a fifty day moving average of C$160.09 and a 200 day moving average of C$141.43.
Agnico Eagle Mines Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 16th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.95%. The ex-dividend date is Friday, May 30th. Agnico Eagle Mines's dividend payout ratio (DPR) is presently 76.24%.
Insider Buying and Selling
In related news, Senior Officer Carol-Ann Plummer-Theriault sold 5,000 shares of the stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of C$150.99, for a total transaction of C$754,950.00. Also, Senior Officer Ammar Al-Joundi sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of C$169.00, for a total value of C$3,379,960.00. Over the last quarter, insiders sold 51,632 shares of company stock worth $8,493,360. 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.
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