Agnico Eagle Mines Ltd (TSE:AEM) Senior Officer Louise Grondin Sells 10,000 Shares
Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Senior Officer Louise Grondin sold 10,000 shares of the business’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of C$62.00, for a total transaction of C$620,000.00. Following the transaction, the insider now owns 48,734 shares in the company, valued at approximately C$3,021,508.
Louise Grondin also recently made the following trade(s):
- On Monday, March 25th, Louise Grondin sold 10,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$59.60, for a total transaction of C$596,000.00.
Shares of Agnico Eagle Mines stock opened at C$62.04 on Thursday. 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 twelve month low of C$42.35 and a twelve month high of C$62.80. The stock has a market cap of $14.56 billion and a PE ratio of -43.35.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be given a dividend of $0.292 per share. This is a positive change from Agnico Eagle Mines’s previous quarterly dividend of $0.14. This represents a $1.17 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Thursday, May 30th. Agnico Eagle Mines’s payout ratio is -31.80%.
Several research analysts have recently issued reports on the stock. BMO Capital Markets set a C$48.00 price objective on shares of Agnico Eagle Mines and gave the stock an “outperform” rating in a report on Monday, April 29th. National Bank Financial lifted their target price on shares of Agnico Eagle Mines from C$67.00 to C$70.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. Finally, Desjardins lowered shares of Agnico Eagle Mines from a “buy” rating to a “hold” rating and set a C$61.00 target price on the stock. in a research report on Friday, April 12th.
About Agnico Eagle Mines
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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