Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Senior Officer Yvon Sylvestre sold 5,000 shares of the stock in a transaction on Monday, August 12th. The shares were sold at an average price of C$80.15, for a total value of C$400,750.00. Following the sale, the insider now owns 2,103 shares of the company’s stock, valued at approximately C$168,555.45.

Yvon Sylvestre also recently made the following trade(s):

  • On Thursday, August 1st, Yvon Sylvestre sold 5,000 shares of Agnico Eagle Mines stock. The shares were sold at an average price of C$72.00, for a total value of C$360,000.00.
  • On Friday, May 31st, Yvon Sylvestre sold 5,000 shares of Agnico Eagle Mines stock. The shares were sold at an average price of C$57.40, for a total value of C$287,000.00.

Shares of TSE AEM traded down C$1.32 during mid-day trading on Tuesday, hitting C$77.59. The stock had a trading volume of 1,445,669 shares, compared to its average volume of 840,246. 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 stock’s 50 day moving average price is C$70.14. Agnico Eagle Mines Ltd has a twelve month low of C$42.35 and a twelve month high of C$80.48. The stock has a market cap of $18.61 billion and a price-to-earnings ratio of -58.41.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 30th will be given a dividend of $0.289 per share. This represents a $1.16 annualized dividend and a yield of 1.49%. The ex-dividend date is Thursday, August 29th. Agnico Eagle Mines’s dividend payout ratio is currently -35.31%.

AEM has been the topic of several research reports. JPMorgan Chase & Co. upped their target price on Agnico Eagle Mines from C$65.00 to C$68.00 in a research report on Monday, July 8th. Eight Capital upped their target price on Agnico Eagle Mines from C$65.00 to C$93.00 in a research report on Thursday, August 8th. Canaccord Genuity upped their target price on Agnico Eagle Mines from C$79.00 to C$83.00 in a research report on Friday, July 19th. BMO Capital Markets set a C$48.00 target price on Agnico Eagle Mines and gave the company an “outperform” rating in a research report on Monday, April 29th. Finally, National Bank Financial cut their target price on Agnico Eagle Mines from C$87.00 to C$86.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 23rd.

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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