Agnico Eagle Mines Ltd (AEM) Senior Officer Sells C$605,530.00 in Stock
Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Senior Officer Marc Legault sold 10,000 shares of the company’s stock in a transaction on Monday, June 3rd. The shares were sold at an average price of C$60.55, for a total transaction of C$605,530.00. Following the completion of the sale, the insider now owns 52,570 shares of the company’s stock, valued at approximately C$3,183,271.21.
TSE AEM traded up C$1.79 on Monday, reaching C$60.74. The company had a trading volume of 1,194,027 shares, compared to its average volume of 811,414. The firm has a market cap of $13.30 billion and a PE ratio of -42.45. The company has a current ratio of 2.96, a quick ratio of 1.21 and a debt-to-equity ratio of 39.54. Agnico Eagle Mines Ltd has a 1-year low of C$42.35 and a 1-year high of C$62.80.
Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last announced its earnings results on Thursday, April 25th. The company reported C$0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of C$0.07 by C$0.11. The company had revenue of C$707.63 million during the quarter, compared to analyst estimates of C$682.74 million. Equities research analysts forecast that Agnico Eagle Mines Ltd will post 0.660489722706459 EPS for the current year.
A number of equities analysts recently weighed in on AEM shares. National Bank Financial upped their target price on shares of Agnico Eagle Mines from C$66.00 to C$67.00 in a research note on Thursday, March 21st. Desjardins lowered shares of Agnico Eagle Mines from a “buy” rating to a “hold” rating and set a C$61.00 target price for the company. in a research note on Friday, April 12th. Finally, BMO Capital Markets set a C$48.00 target price on shares of Agnico Eagle Mines and gave the stock an “outperform” rating in a research note on Monday, April 29th.
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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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