John Merfyn Roberts Sells 2,000 Shares of Agnico Eagle Mines Limited (TSE:AEM) Stock

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) Director John Merfyn Roberts sold 2,000 shares of Agnico Eagle Mines stock in a transaction dated Monday, January 13th. The stock was sold at an average price of C$118.43, for a total transaction of C$236,860.00.

Agnico Eagle Mines Stock Up 0.2 %

Shares of TSE AEM opened at C$120.83 on Thursday. Agnico Eagle Mines Limited has a 52-week low of C$60.17 and a 52-week high of C$123.86. The firm has a market capitalization of C$60.54 billion, a price-to-earnings ratio of 75.52, a PEG ratio of 22.97 and a beta of 1.10. The stock has a 50 day moving average price of C$115.90 and a 200 day moving average price of C$109.53. The company has a debt-to-equity ratio of 9.94, a quick ratio of 0.89 and a current ratio of 1.51.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last issued its earnings results 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. The business had revenue of C$2.94 billion during the quarter, compared to analysts’ expectations of C$2.50 billion. Agnico Eagle Mines had a return on equity of 3.10% and a net margin of 8.49%. Sell-side analysts expect that Agnico Eagle Mines Limited will post 5.4966052 earnings per share for the current year.

Agnico Eagle Mines Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend was Friday, November 29th. Agnico Eagle Mines’s dividend payout ratio (DPR) is 135.63%.

Analyst Ratings Changes

AEM has been the subject of several recent analyst reports. Stifel Nicolaus boosted their target price on Agnico Eagle Mines from C$114.00 to C$140.00 in a research report on Monday, October 21st. 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. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$116.00.

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.