Agnico Eagle Mines Limited (TSE:AEM) Director John Merfyn Roberts Sells 1,000 Shares of Stock

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) Director John Merfyn Roberts sold 1,000 shares of Agnico Eagle Mines stock in a transaction that occurred on Tuesday, June 25th. The shares were sold at an average price of C$89.27, for a total value of C$89,267.00.

John Merfyn Roberts also recently made the following trade(s):

• On Thursday, May 9th, John Merfyn Roberts sold 1,000 shares of Agnico Eagle Mines stock. The shares were sold at an average price of C$91.76, for a total value of C$91,760.00.

Agnico Eagle Mines Trading Down 1.2 %

Shares of Agnico Eagle Mines stock opened at C$88.60 on Wednesday. The company has a debt-to-equity ratio of 10.14, a current ratio of 2.21 and a quick ratio of 0.89. Agnico Eagle Mines Limited has a 1 year low of C$59.36 and a 1 year high of C$96.20. The company has a market capitalization of C$44.14 billion, a P/E ratio of 82.04, a P/E/G ratio of 22.97 and a beta of 1.04. The business has a 50 day moving average price of C$90.59 and a 200 day moving average price of C$78.34.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last issued its quarterly earnings results on Thursday, April 25th. The company reported C$1.02 earnings per share for the quarter, beating the consensus estimate of C$0.82 by C$0.20. The company had revenue of C$2.47 billion during the quarter, compared to the consensus estimate of C$2.20 billion. Agnico Eagle Mines had a return on equity of 2.39% and a net margin of 6.79%. Sell-side analysts anticipate that Agnico Eagle Mines Limited will post 4.3937412 EPS for the current fiscal year.

Agnico Eagle Mines Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, June 14th were issued a $0.40 dividend. The ex-dividend date was Friday, May 31st. This represents a $1.60 annualized dividend and a yield of 1.81%. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently 199.07%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AEM. Stifel Nicolaus lifted their price target on shares of Agnico Eagle Mines from C$94.00 to C$104.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Veritas Investment Research lifted their price target on shares of Agnico Eagle Mines from C$88.40 to C$118.00 in a research report on Friday, April 12th. Canaccord Genuity Group lifted their price target on shares of Agnico Eagle Mines from C$92.00 to C$105.00 in a research report on Tuesday, April 23rd. Eight Capital set a C$105.00 price target on shares of Agnico Eagle Mines and gave the company a “buy” rating in a research report on Monday. Finally, National Bank Financial reiterated an “outperform overweight” rating on shares of Agnico Eagle Mines in a research report on Monday, April 8th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Agnico Eagle Mines has an average rating of “Buy” and an average price target of C$100.63.

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.