Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Senior Officer Yvon Sylvestre sold 5,000 shares of the firm’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of C$80.15, for a total value of C$400,750.00. Following the completion of the transaction, the insider now owns 2,103 shares in the company, valued at C$168,555.45.
Yvon Sylvestre also recently made the following trade(s):
- On Thursday, August 1st, Yvon Sylvestre sold 5,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$72.00, for a total value of C$360,000.00.
- On Friday, May 31st, Yvon Sylvestre sold 5,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$57.40, for a total value of C$287,000.00.
AEM stock opened at C$78.84 on Friday. The company has a debt-to-equity ratio of 38.88, a quick ratio of 0.46 and a current ratio of 1.29. Agnico Eagle Mines Ltd has a 1 year low of C$42.35 and a 1 year high of C$80.48. The firm has a market cap of $18.61 billion and a P/E ratio of -59.23. The stock has a 50-day simple moving average of C$70.79 and a 200-day simple moving average of C$61.11.
The business also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, August 30th will be paid a $0.289 dividend. The ex-dividend date of this dividend is Thursday, August 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.47%. Agnico Eagle Mines’s dividend payout ratio (DPR) is currently -35.31%.
A number of equities research analysts have recently issued reports on the company. BMO Capital Markets set a C$48.00 target price on Agnico Eagle Mines and gave the company an “outperform” rating in a research note on Monday, April 29th. National Bank Financial increased their target price on Agnico Eagle Mines from C$86.00 to C$91.00 and gave the company an “outperform” rating in a research note on Wednesday. Canaccord Genuity increased their target price on Agnico Eagle Mines from C$79.00 to C$83.00 in a research note on Friday, July 19th. JPMorgan Chase & Co. increased their target price on Agnico Eagle Mines from C$68.00 to C$83.00 in a research note on Wednesday. Finally, Eight Capital increased their target price on Agnico Eagle Mines from C$65.00 to C$93.00 in a research note on Thursday, August 8th.
Agnico Eagle Mines Company Profile
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company operates through Northern Business and Southern Business segments. It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits.
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