Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM Senior Officer Guy Gosselin sold 22,000 shares of the firm's stock in a transaction on Monday, May 6th. The stock was sold at an average price of C$90.50, for a total value of C$1,991,000.00.
Agnico Eagle Mines Trading Up 0.1 %
TSE AEM traded up C$0.05 on Tuesday, hitting C$90.44. The company's stock had a trading volume of 849,871 shares, compared to its average volume of 1,427,643. The company's 50-day moving average is C$80.14 and its 200 day moving average is C$72.35. The firm has a market cap of C$45.06 billion, a PE ratio of 82.63, a PEG ratio of 22.97 and a beta of 1.07. Agnico Eagle Mines Limited has a 1-year low of C$59.36 and a 1-year high of C$92.62. The company has a quick ratio of 0.89, a current ratio of 2.21 and a debt-to-equity ratio of 10.14.
Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM last posted its quarterly earnings data on Thursday, February 15th. The company reported C$0.78 earnings per share for the quarter, beating analysts' consensus estimates of C$0.65 by C$0.13. The business had revenue of C$2.39 billion during the quarter, compared to the consensus estimate of C$2.04 billion. Agnico Eagle Mines had a return on equity of 2.39% and a net margin of 6.79%. As a group, analysts predict that Agnico Eagle Mines Limited will post 4.3972332 earnings per share for the current fiscal year.
Agnico Eagle Mines Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, June 14th will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.77%. Agnico Eagle Mines's dividend payout ratio (DPR) is currently 197.25%.
Analysts Set New Price Targets
A number of brokerages have weighed in on AEM. Veritas Investment Research raised their target price on Agnico Eagle Mines from C$88.40 to C$118.00 in a report on Friday, April 12th. Stifel Nicolaus raised their price objective on Agnico Eagle Mines from C$94.00 to C$104.00 and gave the company a "buy" rating in a research note on Friday, April 19th. National Bank Financial reissued an "outperform overweight" rating on shares of Agnico Eagle Mines in a research note on Monday, April 8th. Cormark dropped their price objective on shares of Agnico Eagle Mines from C$97.00 to C$90.00 in a research note on Tuesday, February 20th. Finally, Canaccord Genuity Group boosted their target price on shares of Agnico Eagle Mines from C$92.00 to C$105.00 in a research note on Tuesday, April 23rd. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of C$97.50.
Check Out Our Latest Report on Agnico Eagle Mines
Agnico Eagle Mines Company Profile
(
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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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