Agnico Eagle Mines Limited (TSE:AEM) Senior Officer Sells C$1,483,200.00 in Stock

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) Senior Officer Dominique Girard sold 10,000 shares of the business’s stock in a transaction on Thursday, March 13th. The shares were sold at an average price of C$148.32, for a total value of C$1,483,200.00.

Agnico Eagle Mines Price Performance

Shares of AEM stock traded up C$3.06 during trading hours on Thursday, reaching C$148.28. 552,375 shares of the company were exchanged, compared to its average volume of 1,001,605. Agnico Eagle Mines Limited has a fifty-two week low of C$73.43 and a fifty-two week high of C$150.26. The company has a debt-to-equity ratio of 7.88, a current ratio of 1.75 and a quick ratio of 0.89. The stock’s fifty day moving average is C$133.00 and its two-hundred day moving average is C$120.36. The company has a market cap of C$52.43 billion, a price-to-earnings ratio of 52.10, a P/E/G ratio of 22.97 and a beta of 1.10.

Agnico Eagle Mines Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, March 14th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.60 dividend on an annualized basis and a yield of 1.08%. Agnico Eagle Mines’s payout ratio is presently 76.24%.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upped their target price on shares of Agnico Eagle Mines to C$105.00 and gave the stock a “buy” rating in a report on Thursday, March 6th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$122.14.

Agnico Eagle Mines Company Profile

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.