Agnico Eagle Mines Limited (TSE:AEM – Get Free Report) (NYSE:AEM) Director John Merfyn Roberts sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 17th. The stock was sold at an average price of C$112.32, for a total value of C$224,640.00.
John Merfyn Roberts also recently made the following trade(s):
- On Friday, August 23rd, John Merfyn Roberts sold 2,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$111.84, for a total transaction of C$223,680.00.
- On Tuesday, June 25th, John Merfyn Roberts sold 1,000 shares of Agnico Eagle Mines stock. The shares were sold at an average price of C$89.27, for a total transaction of C$89,267.00.
Agnico Eagle Mines Price Performance
The firm’s 50-day simple moving average is C$105.23 and its 200-day simple moving average is C$92.14. The stock has a market cap of C$56.07 billion, a P/E ratio of 71.53, a PEG ratio of 22.97 and a beta of 1.10. 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 Limited has a twelve month low of C$59.36 and a twelve month high of C$113.99.
Agnico Eagle Mines Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were issued a $0.547 dividend. The ex-dividend date was Friday, August 30th. This is a positive change from Agnico Eagle Mines’s previous quarterly dividend of $0.40. This represents a $2.19 annualized dividend and a yield of ∞. Agnico Eagle Mines’s dividend payout ratio is 139.10%.
Wall Street Analyst Weigh In
Several research firms have issued reports on AEM. Eight Capital upped their price target on shares of Agnico Eagle Mines from C$105.00 to C$115.00 in a research report on Thursday, July 11th. Cormark increased their target price on Agnico Eagle Mines from C$110.00 to C$115.00 in a report on Monday, June 24th. National Bankshares set a C$104.00 price target on Agnico Eagle Mines and gave the stock an “outperform” rating in a research note on Monday, June 24th. Finally, Canaccord Genuity Group boosted their price objective on Agnico Eagle Mines from C$105.00 to C$118.00 in a research report on Tuesday, July 23rd. Four research analysts have rated the stock with a buy rating, According to MarketBeat, Agnico Eagle Mines has a consensus rating of “Buy” and a consensus target price of C$105.14.
Get Our Latest Stock Analysis on Agnico Eagle Mines
About Agnico Eagle Mines
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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