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

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) Director John Merfyn Roberts sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 25th. The stock was sold at an average price of C$89.27, for a total transaction 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 stock was sold at an average price of C$91.76, for a total value of C$91,760.00.

Agnico Eagle Mines Trading Up 1.6 %

TSE:AEM opened at C$90.94 on Friday. The business’s 50-day moving average is C$90.73 and its two-hundred day moving average is C$78.50. The firm has a market capitalization of C$45.31 billion, a PE ratio of 84.20, a price-to-earnings-growth ratio of 22.97 and a beta of 1.04. Agnico Eagle Mines Limited has a 12 month low of C$59.36 and a 12 month high of C$96.20. 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 (TSE:AEM) (NYSE:AEM) last posted its quarterly earnings data on Thursday, April 25th. The company reported C$1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.82 by C$0.20. Agnico Eagle Mines had a net margin of 6.79% and a return on equity of 2.39%. The company had revenue of C$2.47 billion for the quarter, compared to analyst estimates of C$2.20 billion. Research analysts predict that Agnico Eagle Mines Limited will post 4.3937412 earnings per share 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. Investors of record on Friday, June 14th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend was Friday, May 31st. Agnico Eagle Mines’s dividend payout ratio is currently 199.07%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Cormark increased their target price on Agnico Eagle Mines from C$110.00 to C$115.00 in a research report on Monday. Stifel Nicolaus raised their target price on shares of Agnico Eagle Mines from C$94.00 to C$104.00 and gave the stock a “buy” rating in a research report on Friday, April 19th. National Bankshares set a C$104.00 price target on shares of Agnico Eagle Mines and gave the stock an “outperform” rating in a research report on Monday. Veritas Investment Research lifted their price target on shares of Agnico Eagle Mines from C$88.40 to C$118.00 in a report on Friday, April 12th. Finally, Eight Capital set a C$105.00 price objective on shares of Agnico Eagle Mines and gave the company a “buy” rating in a research note on Monday. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Agnico Eagle Mines presently has an average rating of “Buy” and a consensus target price 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.