Agnico Eagle Mines Limited (TSE:AEM) Senior Officer Sells C$787,455.00 in Stock

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) Senior Officer Carol-Ann Plummer-Theriault sold 5,625 shares of Agnico Eagle Mines stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of C$139.99, for a total transaction of C$787,455.00.

Agnico Eagle Mines Stock Up 1.7 %

AEM opened at C$141.06 on Thursday. Agnico Eagle Mines Limited has a 1-year low of C$64.56 and a 1-year high of C$145.25. The business has a 50 day moving average of C$127.34 and a 200-day moving average of C$117.76. The stock has a market capitalization of C$49.88 billion, a price-to-earnings ratio of 49.56, a P/E/G ratio of 22.97 and a beta of 1.10. The company has a current ratio of 1.75, a quick ratio of 0.89 and a debt-to-equity ratio of 7.88.

Agnico Eagle Mines Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, March 14th will be given a $0.40 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.60 annualized dividend and a yield of 1.13%. Agnico Eagle Mines’s dividend payout ratio is 76.24%.

Wall Street Analyst Weigh In

Separately, National Bankshares raised 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 research note on Friday, November 1st. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Agnico Eagle Mines has a consensus rating of “Buy” and an average target price of C$125.00.

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.