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Insider Selling: Agnico Eagle Mines Limited (TSE:AEM) Senior Officer Sells 5,000 Shares of Stock

Agnico Eagle Mines logo with Basic Materials background

Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM Senior Officer Christopher Charles Norman Vollmershausen sold 5,000 shares of the firm's stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of C$170.54, for a total value of C$852,700.00.

Christopher Charles Norman Vollmershausen also recently made the following trade(s):

  • On Friday, March 28th, Christopher Charles Norman Vollmershausen sold 6,000 shares of Agnico Eagle Mines stock. The shares were sold at an average price of C$155.55, for a total value of C$933,300.00.

Agnico Eagle Mines Price Performance

Shares of TSE:AEM traded down C$2.79 on Tuesday, hitting C$165.30. The company had a trading volume of 1,251,224 shares, compared to its average volume of 1,056,049. The company has a current ratio of 1.75, a quick ratio of 0.89 and a debt-to-equity ratio of 7.88. Agnico Eagle Mines Limited has a 52-week low of C$87.66 and a 52-week high of C$175.33. The business has a 50 day moving average of C$162.19 and a 200 day moving average of C$144.32. The company has a market cap of C$58.45 billion, a PE ratio of 58.08, a PEG ratio of 22.97 and a beta of 1.10.

Agnico Eagle Mines Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 16th were given a dividend of $0.40 per share. The ex-dividend date was Friday, May 30th. This represents a $1.60 annualized dividend and a yield of 0.97%. Agnico Eagle Mines's dividend payout ratio (DPR) is presently 76.24%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on AEM shares. Cfra Research raised Agnico Eagle Mines to a "strong-buy" rating in a research report on Friday, April 25th. UBS Group cut Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 31st. National Bank Financial upgraded Agnico Eagle Mines to a "strong-buy" rating in a research note on Friday, March 21st. Stifel Nicolaus boosted their target price on Agnico Eagle Mines from C$185.00 to C$195.00 in a research note on Monday, April 28th. Finally, Stifel Canada upgraded Agnico Eagle Mines to a "strong-buy" rating in a research note on Wednesday, March 19th. 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 stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of C$139.67.

Read Our Latest Report on AEM

About Agnico Eagle Mines

(Get Free Report)

Agnico Eagle Mines is a gold miner operating mines in Canada, Mexico, and Finland. It also owns 50% of the Canadian Malartic mine. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines on line in rapid succession in the following years. The company produced more than 1.7 million gold ounces in 2020.

Further Reading

Insider Buying and Selling by Quarter for Agnico Eagle Mines (TSE:AEM)

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