Agnico Eagle Mines Limited (AEM) To Go Ex-Dividend on February 28th

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) declared a quarterly dividend on Friday, February 28th, TickerTech Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.40 per share on Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Friday, February 28th.

Agnico Eagle Mines Stock Performance

AEM stock traded up C$2.04 on Wednesday, reaching C$140.74. 193,192 shares of the company were exchanged, compared to its average volume of 888,935. The stock’s fifty day moving average price is C$126.76 and its 200 day moving average price is C$117.50. The firm has a market capitalization of C$49.76 billion, a PE ratio of 49.45, a PEG ratio of 22.97 and a beta of 1.10. The company has a debt-to-equity ratio of 7.88, a current ratio of 1.75 and a quick ratio of 0.89. Agnico Eagle Mines has a 12 month low of C$64.56 and a 12 month high of C$145.25.

Analyst Ratings Changes

Separately, National Bankshares raised their price target on Agnico Eagle Mines from C$143.00 to C$144.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Agnico Eagle Mines has a consensus rating of “Buy” and an average target price of C$125.00.

Insider Buying and Selling at Agnico Eagle Mines

In other Agnico Eagle Mines news, Director Martine Celej sold 2,208 shares of Agnico Eagle Mines stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of C$111.84, for a total value of C$246,942.72. Also, Director John Merfyn Roberts sold 2,000 shares of the stock in a transaction dated Monday, January 13th. The stock was sold at an average price of C$118.43, for a total transaction of C$236,860.00. In the last three months, insiders have sold 80,269 shares of company stock worth $9,616,572. Corporate insiders own 0.08% of the company’s stock.

Agnico Eagle Mines Company Profile

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.