Insider Selling: Agnico Eagle Mines Ltd (TSE:AEM) Senior Officer Sells 5,000 Shares of Stock

Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Senior Officer Yvon Sylvestre sold 5,000 shares of Agnico Eagle Mines stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of C$72.00, for a total transaction of C$360,000.00. Following the completion of the sale, the insider now owns 2,832 shares of the company’s stock, valued at C$203,904.

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

  • On Friday, May 31st, Yvon Sylvestre sold 5,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$57.40, for a total transaction of C$287,000.00.

Shares of Agnico Eagle Mines stock traded up C$2.92 on Thursday, reaching C$71.87. The stock had a trading volume of 1,267,523 shares, compared to its average volume of 827,671. The business has a 50-day moving average price of C$67.42. The company has a current ratio of 1.29, a quick ratio of 0.31 and a debt-to-equity ratio of 38.88. Agnico Eagle Mines Ltd has a fifty-two week low of C$42.35 and a fifty-two week high of C$72.18. The company has a market capitalization of $16.67 billion and a PE ratio of -54.00.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, August 30th will be paid a $0.289 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date is Thursday, August 29th. Agnico Eagle Mines’s payout ratio is -35.31%.

AEM has been the subject of a number of analyst reports. Canaccord Genuity boosted their price objective on shares of Agnico Eagle Mines from C$79.00 to C$83.00 in a research note on Friday, July 19th. Desjardins cut shares of 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 note on Friday, April 12th. JPMorgan Chase & Co. boosted their price objective on shares of Agnico Eagle Mines from C$65.00 to C$68.00 in a research note on Monday, July 8th. National Bank Financial reduced their price objective on shares of Agnico Eagle Mines from C$87.00 to C$86.00 and set an “outperform” rating for the company in a research note on Tuesday, July 23rd. Finally, 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 research note 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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