Agnico Eagle Mines Limited (TSE:AEM) Senior Officer Christopher Charles Norman Vollmershausen Sells 6,000 Shares

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) Senior Officer Christopher Charles Norman Vollmershausen sold 6,000 shares of Agnico Eagle Mines stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of C$155.55, for a total value of C$933,300.00.

Agnico Eagle Mines Stock Performance

Shares of Agnico Eagle Mines stock traded up C$0.35 during trading on Monday, reaching C$154.14. The company’s stock had a trading volume of 295,975 shares, compared to its average volume of 1,002,365. The company has a quick ratio of 0.89, a current ratio of 1.75 and a debt-to-equity ratio of 7.88. The business’s 50-day moving average price is C$140.49 and its 200-day moving average price is C$123.85. Agnico Eagle Mines Limited has a 52 week low of C$81.75 and a 52 week high of C$157.88. The firm has a market cap of C$54.50 billion, a PE ratio of 54.15, a P/E/G ratio of 22.97 and a beta of 1.10.

Agnico Eagle Mines Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend was Friday, February 28th. Agnico Eagle Mines’s dividend payout ratio (DPR) is currently 76.24%.

Analyst Ratings Changes

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