Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) (NYSE:AEM) Senior Officer Christopher Charles Norman Vollmershausen sold 15,072 shares of the company's stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of C$110.27, for a total value of C$1,661,989.44.
Agnico Eagle Mines Price Performance
Shares of AEM opened at C$108.15 on Friday. The company has a market capitalization of C$54.19 billion, a price-to-earnings ratio of 67.59, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines Limited has a fifty-two week low of C$60.17 and a fifty-two week high of C$123.86. The firm has a 50-day simple moving average of C$112.47 and a 200-day simple moving average of C$101.96. 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 - Get 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 analysts' consensus estimates of C$1.35 by C$0.21. The company 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%. On average, equities research analysts anticipate that Agnico Eagle Mines Limited will post 5.4966052 earnings per share for the current year.
Agnico Eagle Mines Cuts Dividend
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The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be paid a $0.40 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.60 annualized dividend and a yield of 1.48%. Agnico Eagle Mines's dividend payout ratio is currently 135.63%.
Wall Street Analysts Forecast Growth
AEM has been the subject of several research analyst reports. National Bankshares upped their target price on shares of 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. Canaccord Genuity Group upped their price objective on shares of Agnico Eagle Mines from C$105.00 to C$118.00 in a research note on Tuesday, July 23rd. UBS Group upgraded Agnico Eagle Mines to a "strong-buy" rating in a research report on Tuesday, September 17th. Finally, Stifel Nicolaus upped their target price on Agnico Eagle Mines from C$114.00 to C$140.00 in a research report on Monday, October 21st. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of C$116.00.
View Our Latest Stock Analysis on AEM
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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