Agnico Eagle Mines Limited (AEM) To Go Ex-Dividend on March 2nd

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) declared a quarterly dividend on Monday, March 2nd, TickerTech Dividends reports. Investors of record on Monday, March 16th will be paid a dividend of 0.45 per share on Monday, March 16th. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Monday, March 2nd. This is a 12.5% increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40.

Agnico Eagle Mines Trading Up 1.6%

AEM stock traded up C$5.54 during midday trading on Friday, hitting C$342.63. 1,693,291 shares of the company’s stock were exchanged, compared to its average volume of 1,078,384. The business has a 50-day simple moving average of C$277.80 and a two-hundred day simple moving average of C$241.63. 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 stock has a market capitalization of C$171.42 billion, a PE ratio of 38.67, a P/E/G ratio of 22.97 and a beta of 1.54. Agnico Eagle Mines has a 1-year low of C$132.96 and a 1-year high of C$344.50.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last announced its quarterly earnings results on Friday, February 13th. The company reported C$3.71 EPS for the quarter. The business had revenue of C$4.89 billion for the quarter. Agnico Eagle Mines had a return on equity of 5.05% and a net margin of 12.86%. On average, sell-side analysts predict that Agnico Eagle Mines will post 5.4966052 EPS for the current fiscal year.

Insider Activity at Agnico Eagle Mines

In other Agnico Eagle Mines news, insider James Porter sold 3,000 shares of the business’s stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of C$247.42, for a total value of C$742,260.00. Following the completion of the transaction, the insider owned 7,734 shares in the company, valued at C$1,913,546.28. The trade was a 27.95% decrease in their ownership of the stock. Also, insider Guy Gosselin sold 4,947 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of C$310.00, for a total value of C$1,533,570.00. Following the sale, the insider directly owned 31,381 shares in the company, valued at C$9,728,110. This represents a 13.62% decrease in their position. Company insiders own 0.08% of the company’s stock.

About Agnico Eagle Mines

Agnico Eagle Mines is a gold miner operating mines in Canada, Mexico, and Finland. It also owns 50% of the Canadian Malartic mine. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines on line in rapid succession in the following years. The company produced more than 1.7 million gold ounces in 2020. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions.