Agnico Eagle Mines Limited (TSE:AEM) Senior Officer Christopher Charles Norman Vollmershausen Sells 6,000 Shares

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) Senior Officer Christopher Charles Norman Vollmershausen sold 6,000 shares of the company’s stock in a transaction dated Friday, March 28th. The shares were sold at an average price of C$155.55, for a total transaction of C$933,300.00.

Agnico Eagle Mines Stock Performance

Shares of AEM stock opened at C$153.99 on Thursday. 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 Limited has a 52 week low of C$81.75 and a 52 week high of C$158.10. The company’s 50 day moving average price is C$142.20 and its two-hundred day moving average price is C$124.88. The company has a market capitalization of C$54.45 billion, a P/E ratio of 54.10, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10.

Agnico Eagle Mines Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were given a $0.40 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.60 annualized dividend and a yield of 1.04%. Agnico Eagle Mines’s dividend payout ratio is currently 76.24%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AEM. UBS Group downgraded Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a report on Monday. National Bank Financial upgraded shares of Agnico Eagle Mines to a “strong-buy” rating in a research report on Friday, March 21st. Royal Bank of Canada boosted their price objective 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 increased their target price on shares of Agnico Eagle Mines from C$160.00 to C$190.00 and gave the stock an “outperform” rating in a report on Wednesday, March 19th. Finally, Stifel Canada raised shares of Agnico Eagle Mines to a “strong-buy” rating in a research report on Wednesday, March 19th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$128.71.

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.