Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Director James D. Nasso sold 14,095 shares of the stock in a transaction dated Friday, June 21st. The stock was sold at an average price of C$66.00, for a total value of C$930,316.51.
TSE:AEM opened at C$67.07 on Thursday. Agnico Eagle Mines Ltd has a 52 week low of C$42.35 and a 52 week high of C$69.13. The company has a debt-to-equity ratio of 39.54, a current ratio of 2.96 and a quick ratio of 1.21. The firm has a market cap of $15.85 billion and a PE ratio of -46.87. The company’s 50-day simple moving average is C$59.30.
Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last posted its earnings results on Thursday, April 25th. The company reported C$0.18 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.07 by C$0.11. The business had revenue of C$707.63 million for the quarter, compared to analyst estimates of C$682.74 million. As a group, equities research analysts expect that Agnico Eagle Mines Ltd will post 0.66 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 31st were given a dividend of $0.292 per share. The ex-dividend date was Thursday, May 30th. This is a boost from Agnico Eagle Mines’s previous quarterly dividend of $0.14. This represents a $1.17 dividend on an annualized basis and a dividend yield of 1.74%. Agnico Eagle Mines’s dividend payout ratio (DPR) is -31.80%.
Several equities research analysts have weighed in on the company. BMO Capital Markets set a C$48.00 price target on Agnico Eagle Mines and gave the stock an “outperform” rating in a research report on Monday, April 29th. National Bank Financial increased their price target on Agnico Eagle Mines from C$67.00 to C$70.00 and gave the stock an “outperform” rating in a research report on Thursday, April 18th. Finally, Desjardins downgraded Agnico Eagle Mines from a “buy” rating to a “hold” rating and set a C$61.00 price target on the stock. in a research report on Friday, April 12th.
About Agnico Eagle Mines
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company operates through Northern Business and Southern Business segments. It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits.
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