Agnico Eagle Mines Limited (TSE:AEM) Senior Officer Dominique Girard Sells 10,000 Shares

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) Senior Officer Dominique Girard sold 10,000 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of C$148.32, for a total transaction of C$1,483,200.00.

Agnico Eagle Mines Stock Up 2.1 %

AEM opened at C$148.23 on Friday. Agnico Eagle Mines Limited has a 12 month low of C$73.43 and a 12 month high of C$150.26. The company has a current ratio of 1.75, a quick ratio of 0.89 and a debt-to-equity ratio of 7.88. The business’s 50-day moving average price is C$133.00 and its 200-day moving average price is C$120.36. The company has a market cap of C$52.41 billion, a P/E ratio of 52.08, a P/E/G ratio of 22.97 and a beta of 1.10.

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 paid a $0.40 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.60 dividend on an annualized basis and a yield of 1.08%. Agnico Eagle Mines’s dividend payout ratio (DPR) is currently 76.24%.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upped their target price on Agnico Eagle Mines to C$105.00 and gave the stock a “buy” rating in a research note on Thursday, March 6th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$122.14.

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.