Agnico Eagle Mines Limited (TSE:AEM) Plans Quarterly Dividend of $0.45

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) announced a quarterly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.45 per share on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, September 1st.

Agnico Eagle Mines Trading Down 4.4%

Shares of Agnico Eagle Mines stock opened at C$268.76 on Wednesday. The firm’s 50 day simple moving average is C$233.87 and its two-hundred day simple moving average is C$259.07. The firm has a market capitalization of C$134.65 billion, a price-to-earnings ratio of 23.01, a PEG ratio of 22.97 and a beta of 1.83. Agnico Eagle Mines has a 12-month low of C$188.48 and a 12-month high of C$348.94. The company has a current ratio of 2.86, a quick ratio of 0.89 and a debt-to-equity ratio of 1.12.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last posted its quarterly earnings data on Wednesday, July 29th. The company reported C$4.33 EPS for the quarter. The business had revenue of C$5.53 billion during the quarter. Agnico Eagle Mines had a net margin of 40.45% and a return on equity of 22.69%. Analysts predict that Agnico Eagle Mines will post 5.4966052 EPS for the current year.

Insider Transactions at Agnico Eagle Mines

In other Agnico Eagle Mines news, Director John Merfyn Roberts sold 1,000 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of C$244.66, for a total value of C$244,660.00. Following the sale, the director directly owned 17,682 shares of the company’s stock, valued at approximately C$4,326,078.12. This represents a 5.35% decrease in their ownership of the stock. 0.08% of the stock is owned by corporate insiders.

About Agnico Eagle Mines

Canadian-based and led, Agnico Eagle is Canada’s largest mining company and the second largest gold producer in the world, operating mines in Canada, Australia, Finland and Mexico. The Company is advancing a pipeline of high-quality development projects in these regions to support sustainable growth over the next decade. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.