Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$139.45 and traded as high as C$169.45. Agnico Eagle Mines shares last traded at C$169.26, with a volume of 810,702 shares trading hands.
Wall Street Analysts Forecast Growth
AEM has been the topic of several research reports. Stifel Nicolaus upped their price target on shares of Agnico Eagle Mines from C$185.00 to C$195.00 in a research note on Monday, April 28th. National Bank Financial upgraded shares of Agnico Eagle Mines to a "strong-buy" rating in a research note on Friday, March 21st. National Bankshares upped 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. UBS Group downgraded shares of Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 31st. Finally, Cfra Research upgraded shares of Agnico Eagle Mines to a "strong-buy" rating in a research note on Friday, April 25th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and four have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of C$139.67.
Get Our Latest Report on AEM
Agnico Eagle Mines Trading Down 1.4%
The business's fifty day moving average is C$158.53 and its 200-day moving average is C$139.45. The firm has a market cap of C$58.98 billion, a P/E ratio of 58.61, 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 quick ratio of 0.89 and a current ratio of 1.75.
Agnico Eagle Mines Dividend Announcement
The firm also recently disclosed 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 is Friday, May 30th. This represents a $1.60 dividend on an annualized basis and a yield of 0.96%. Agnico Eagle Mines's dividend payout ratio (DPR) is presently 76.24%.
Insider Activity at Agnico Eagle Mines
In other Agnico Eagle Mines news, Director Sean Boyd sold 5,200 shares of the stock in a transaction that occurred on Wednesday, April 30th. The shares were sold at an average price of C$161.51, for a total transaction of C$839,852.00. Also, Senior Officer Ammar Al-Joundi sold 20,000 shares of the 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 transaction of C$3,379,960.00. Insiders sold a total of 61,632 shares of company stock worth $9,976,560 in the last quarter. 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
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
