Insider Selling: Agnico Eagle Mines Limited (TSE:AEM) Senior Officer Sells C$754,950.00 in Stock

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) Senior Officer Carol-Ann Plummer-Theriault sold 5,000 shares of the business’s stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of C$150.99, for a total transaction of C$754,950.00.

Carol-Ann Plummer-Theriault also recently made the following trade(s):

• On Wednesday, February 19th, Carol-Ann Plummer-Theriault sold 5,625 shares of Agnico Eagle Mines stock. The shares were sold at an average price of C$139.99, for a total transaction of C$787,455.00.

Agnico Eagle Mines Trading Up 3.2 %

Shares of TSE:AEM opened at C$154.34 on Friday. The business’s 50-day moving average is C$139.88 and its 200 day moving average is C$123.44. The company has a debt-to-equity ratio of 7.88, a current ratio of 1.75 and a quick ratio of 0.89. Agnico Eagle Mines Limited has a 1 year low of C$78.89 and a 1 year high of C$154.39. The firm has a market capitalization of C$54.57 billion, a P/E ratio of 54.22, a P/E/G ratio of 22.97 and a beta of 1.10.

Agnico Eagle Mines Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.04%. The ex-dividend date was Friday, February 28th. Agnico Eagle Mines’s payout ratio is currently 76.24%.

Wall Street Analysts Forecast Growth

AEM has been the subject of several recent research reports. Royal Bank of Canada lifted their price objective on Agnico Eagle Mines to C$105.00 and gave the company a “buy” rating in a report on Thursday, March 6th. National Bank Financial raised shares of Agnico Eagle Mines to a “strong-buy” rating in a research note on Friday, March 21st. Stifel Canada upgraded Agnico Eagle Mines to a “strong-buy” rating in a research note on Wednesday, March 19th. Finally, National Bankshares boosted their target price on shares of Agnico Eagle Mines from C$160.00 to C$190.00 and gave the stock an “outperform” rating in a report on Wednesday, March 19th. Four equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$128.71.

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.