Insider Selling: Agnico Eagle Mines Limited (TSE:AEM) Senior Officer Sells 5,000 Shares of Stock

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) Senior Officer Carol-Ann Plummer-Theriault sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of C$150.99, for a total transaction of C$754,950.00.

Carol-Ann Plummer-Theriault also recently made the following trade(s):

• On Wednesday, February 19th, Carol-Ann Plummer-Theriault sold 5,625 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$139.99, for a total value of C$787,455.00.

Agnico Eagle Mines Stock Up 1.9 %

Shares of AEM stock traded up C$2.80 on Tuesday, hitting C$151.99. The stock had a trading volume of 253,771 shares, compared to its average volume of 1,016,349. The stock’s 50 day moving average is C$138.04 and its 200-day moving average is C$122.59. The firm has a market capitalization of C$53.74 billion, a price-to-earnings ratio of 53.40, a P/E/G ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines Limited has a 52-week low of C$76.13 and a 52-week high of C$153.94. The company has a debt-to-equity ratio of 7.88, a quick ratio of 0.89 and a current ratio of 1.75.

Agnico Eagle Mines Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were paid a dividend of $0.40 per share. The ex-dividend date was Friday, February 28th. This represents a $1.60 annualized dividend and a dividend yield of 1.05%. Agnico Eagle Mines’s dividend payout ratio is presently 76.24%.

Analyst Ratings Changes

AEM has been the subject of several research analyst reports. National Bank Financial upgraded Agnico Eagle Mines to a “strong-buy” rating in a research note on Friday. Royal Bank of Canada raised their price target on shares of Agnico Eagle Mines to C$105.00 and gave the company a “buy” rating in a report on Thursday, March 6th. National Bankshares boosted their price objective on shares of Agnico Eagle Mines from C$160.00 to C$190.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 19th. Finally, Stifel Canada raised shares of Agnico Eagle Mines to a “strong-buy” rating in a research note on Wednesday, March 19th. Four research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, Agnico Eagle Mines presently has a consensus rating of “Buy” and an average target price of C$128.71.

Agnico Eagle Mines Company Profile

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.