Agnico Eagle Mines Limited (TSE:AEM) Senior Officer Ammar Al-Joundi Sells 20,000 Shares of Stock

Agnico Eagle Mines Limited (TSE:AEMGet Free Report) (NYSE:AEM) Senior Officer Ammar Al-Joundi sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of C$118.94, for a total value of C$2,378,852.00.

Ammar Al-Joundi also recently made the following trade(s):

  • On Tuesday, December 31st, Ammar Al-Joundi sold 17,936 shares of Agnico Eagle Mines stock. The shares were sold at an average price of C$111.84, for a total value of C$2,005,962.24.
  • On Thursday, November 14th, Ammar Al-Joundi sold 19,900 shares of Agnico Eagle Mines stock. The shares were sold at an average price of C$109.25, for a total value of C$2,174,075.00.

Agnico Eagle Mines Stock Down 2.5 %

AEM stock opened at C$118.61 on Tuesday. The stock’s fifty day simple moving average is C$115.87 and its two-hundred day simple moving average is C$109.30. The company has a current ratio of 1.51, a quick ratio of 0.89 and a debt-to-equity ratio of 9.94. Agnico Eagle Mines Limited has a 1-year low of C$60.17 and a 1-year high of C$123.86. The stock has a market cap of C$59.43 billion, a P/E ratio of 74.13, a P/E/G ratio of 22.97 and a beta of 1.10.

Agnico Eagle Mines (TSE:AEMGet Free Report) (NYSE:AEM) last posted its quarterly earnings data on Wednesday, October 30th. The company reported C$1.56 earnings per share for the quarter, topping the consensus estimate of C$1.35 by C$0.21. Agnico Eagle Mines had a return on equity of 3.10% and a net margin of 8.49%. The business had revenue of C$2.94 billion for the quarter, compared to analysts’ expectations of C$2.50 billion. Analysts expect that Agnico Eagle Mines Limited will post 5.4966052 EPS for the current year.

Agnico Eagle Mines Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were given a $0.40 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.60 annualized dividend and a yield of 1.35%. Agnico Eagle Mines’s dividend payout ratio is currently 135.63%.

Wall Street Analysts Forecast Growth

AEM has been the subject of several recent research reports. National Bankshares boosted their price objective on 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. Stifel Nicolaus lifted their target price on Agnico Eagle Mines from C$114.00 to C$140.00 in a research report on Monday, October 21st. Finally, UBS Group raised Agnico Eagle Mines to a “strong-buy” rating in a research report on Tuesday, September 17th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Agnico Eagle Mines currently has an average rating of “Buy” and a consensus price target of C$116.00.

Get Our Latest Research Report on Agnico Eagle Mines

Agnico Eagle Mines Company Profile

(Get Free Report)

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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