Agnico Eagle Mines Limited (AEM) To Go Ex-Dividend on February 28th

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) declared a quarterly dividend on Friday, February 28th, TickerTech Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.40 per share on Friday, March 14th. This represents a $1.60 annualized dividend and a yield of 1.13%. The ex-dividend date is Friday, February 28th.

Agnico Eagle Mines Stock Up 1.7 %

AEM traded up C$2.33 during midday trading on Wednesday, reaching C$141.03. 247,882 shares of the company were exchanged, compared to its average volume of 890,535. The company’s fifty day moving average price is C$126.76 and its 200 day moving average price is C$117.50. Agnico Eagle Mines has a one year low of C$64.56 and a one year high of C$145.25. The company has a market cap of C$49.87 billion, a price-to-earnings ratio of 49.55, 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.

Insider Transactions at Agnico Eagle Mines

In other Agnico Eagle Mines news, Director John Merfyn Roberts sold 2,000 shares of the stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of C$118.43, for a total value of C$236,860.00. Also, Senior Officer Carol-Ann Plummer-Theriault sold 5,625 shares of the business’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of C$139.99, for a total value of C$787,455.00. Insiders have sold 80,269 shares of company stock worth $9,616,572 in the last ninety days. Company insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

Separately, National Bankshares increased their target price on shares of Agnico Eagle Mines from C$143.00 to C$144.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Three investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$125.00.

About Agnico Eagle Mines

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.