Insider Selling: Agnico Eagle Mines Ltd (TSE:AEM) Senior Officer Sells C$331,570.00 in Stock

Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Senior Officer Marc Legault sold 5,000 shares of the firm’s stock in a transaction on Friday, June 21st. The stock was sold at an average price of C$66.31, for a total value of C$331,570.00. Following the completion of the sale, the insider now directly owns 57,570 shares of the company’s stock, valued at approximately C$3,817,696.98.

Marc Legault also recently made the following trade(s):

  • On Monday, June 3rd, Marc Legault sold 10,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$60.55, for a total value of C$605,530.00.

Agnico Eagle Mines stock opened at C$68.93 on Tuesday. The company has a debt-to-equity ratio of 39.54, a current ratio of 2.96 and a quick ratio of 1.21. The firm has a market cap of $15.66 billion and a PE ratio of -48.17. Agnico Eagle Mines Ltd has a 1-year low of C$42.35 and a 1-year high of C$69.06. The stock has a fifty day simple moving average of C$58.84.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last posted its quarterly earnings data on Thursday, April 25th. The company reported C$0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of C$0.07 by C$0.11. The business had revenue of C$707.63 million during the quarter, compared to analyst estimates of C$682.74 million. As a group, equities research analysts forecast that Agnico Eagle Mines Ltd will post 0.66 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 31st were given a $0.292 dividend. This is a boost from Agnico Eagle Mines’s previous quarterly dividend of $0.14. The ex-dividend date was Thursday, May 30th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 1.69%. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently -31.80%.

A number of analysts have recently weighed in on AEM shares. National Bank Financial raised their price objective on Agnico Eagle Mines from C$66.00 to C$67.00 in a research report on Thursday, March 21st. Desjardins cut Agnico Eagle Mines from a “buy” rating to a “hold” rating and set a C$61.00 price objective for the company. in a research report on Friday, April 12th. Finally, BMO Capital Markets set a C$48.00 price objective on Agnico Eagle Mines and gave the stock an “outperform” rating in a research report on Monday, April 29th.

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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Insider Buying and Selling by Quarter for Agnico Eagle Mines (TSE:AEM)

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