Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Senior Officer Alain Blackburn sold 3,000 shares of the firm’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of C$75.80, for a total transaction of C$227,400.00. Following the transaction, the insider now directly owns 1,442 shares of the company’s stock, valued at C$109,303.60.

Alain Blackburn also recently made the following trade(s):

  • On Tuesday, September 3rd, Alain Blackburn sold 3,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$84.26, for a total transaction of C$252,780.00.
  • On Thursday, August 8th, Alain Blackburn sold 3,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$78.49, for a total transaction of C$235,470.00.
  • On Tuesday, August 6th, Alain Blackburn sold 2,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$74.13, for a total transaction of C$148,260.00.

Shares of TSE AEM traded up C$0.17 during midday trading on Thursday, hitting C$75.73. The company’s stock had a trading volume of 193,294 shares, compared to its average volume of 845,423. Agnico Eagle Mines Ltd has a 1-year low of C$42.91 and a 1-year high of C$86.39. The firm’s fifty day moving average price is C$78.11 and its 200-day moving average price is C$64.77. The company has a debt-to-equity ratio of 38.88, a quick ratio of 0.46 and a current ratio of 1.29. The firm has a market cap of $17.97 billion and a P/E ratio of -56.93.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last posted its quarterly earnings results on Wednesday, July 24th. The company reported C$0.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.03 by C$0.10. The business had revenue of C$704.44 million during the quarter, compared to analyst estimates of C$646.32 million. As a group, research analysts predict that Agnico Eagle Mines Ltd will post 0.66 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were issued a $0.289 dividend. This represents a $1.16 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend was Thursday, August 29th. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently -35.31%.

Several research analysts have weighed in on the stock. Canaccord Genuity raised their price objective on shares of Agnico Eagle Mines from C$79.00 to C$83.00 in a report on Friday, July 19th. JPMorgan Chase & Co. raised their price objective on shares of Agnico Eagle Mines from C$68.00 to C$83.00 in a report on Wednesday, August 14th. Eight Capital raised their price objective on shares of Agnico Eagle Mines from C$65.00 to C$93.00 in a report on Thursday, August 8th. Finally, National Bank Financial raised their price objective on shares of Agnico Eagle Mines from C$91.00 to C$99.00 and gave the stock an “outperform” rating in a report on Thursday, September 5th.

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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Insider Buying and Selling by Quarter for Agnico Eagle Mines (TSE:AEM)

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