Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) announced its quarterly earnings data on Thursday. The mining company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.16, Briefing.com reports. The company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.78 billion. Agnico Eagle Mines had a net margin of 29.29% and a return on equity of 5.54%. The business’s quarterly revenue was up 21.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.57 EPS.
Agnico Eagle Mines Stock Up 0.9 %
Shares of NYSE:AEM traded up $0.57 during trading on Friday, hitting $65.51. The company’s stock had a trading volume of 5,016,888 shares, compared to its average volume of 3,325,793. The company has a market capitalization of $32.66 billion, a PE ratio of 16.04, a PEG ratio of 0.90 and a beta of 1.06. Agnico Eagle Mines has a fifty-two week low of $43.22 and a fifty-two week high of $67.80. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.74 and a current ratio of 2.09. The stock’s 50-day moving average price is $56.54 and its two-hundred day moving average price is $52.46.
Agnico Eagle Mines Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date of this dividend was Thursday, February 29th. Agnico Eagle Mines’s payout ratio is 38.93%.
Wall Street Analyst Weigh In
Check Out Our Latest Report 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.
Featured Articles
- Five stocks we like better than Agnico Eagle Mines
- What Does a Stock Split Mean?
- 3 Stocks Leading the U.S. Agriculture Comeback
- What is a Special Dividend?
- How to Use Put Debit Spreads to Profit From Falling Stocks
- Best Aerospace Stocks Investing
- Alphabet Changes the Narrative with Its First-Ever Dividend
Receive News & Ratings for Agnico Eagle Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agnico Eagle Mines and related companies with MarketBeat.com's FREE daily email newsletter.