Carol-Ann Plummer-Theriault Sells 5,625 Shares of Agnico Eagle Mines Limited (TSE:AEM) Stock

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) Senior Officer Carol-Ann Plummer-Theriault sold 5,625 shares of the firm’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of C$139.99, for a total transaction of C$787,455.00.

Agnico Eagle Mines Stock Performance

Shares of AEM opened at C$138.70 on Wednesday. The company has a market capitalization of C$49.04 billion, a price-to-earnings ratio of 48.73, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines Limited has a 52-week low of C$64.56 and a 52-week high of C$145.25. The company has a quick ratio of 0.89, a current ratio of 1.75 and a debt-to-equity ratio of 7.88. The stock has a 50 day moving average price of C$126.76 and a 200 day moving average price of C$117.50.

Agnico Eagle Mines Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, March 14th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Friday, February 28th. Agnico Eagle Mines’s payout ratio is 76.24%.

Wall Street Analyst Weigh In

Separately, National Bankshares increased their target price on Agnico Eagle Mines from C$143.00 to C$144.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Three investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Agnico Eagle Mines currently has an average rating of “Buy” and an average price target of C$125.00.

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.