Agnico Eagle Mines Limited (TSE:AEM – Get Free Report) (NYSE:AEM) reached a new 52-week high during trading on Monday . The stock traded as high as C$150.87 and last traded at C$149.91, with a volume of 434100 shares. The stock had previously closed at C$148.81.
Analysts Set New Price Targets
Separately, Royal Bank of Canada boosted their price target on Agnico Eagle Mines to C$105.00 and gave the company a “buy” rating in a research note on Thursday, March 6th. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$122.14.
View Our Latest Research Report on AEM
Agnico Eagle Mines Stock Performance
Agnico Eagle Mines Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date was Friday, February 28th. Agnico Eagle Mines’s dividend payout ratio (DPR) is 76.24%.
Insider Buying and Selling
In other Agnico Eagle Mines news, Senior Officer Dominique Girard sold 10,000 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was sold at an average price of C$148.32, for a total transaction of C$1,483,200.00. Also, Senior Officer Guy Gosselin sold 22,500 shares of the firm’s stock in a transaction on Thursday, January 9th. The shares were sold at an average price of C$121.80, for a total value of C$2,740,500.00. Insiders have sold 80,269 shares of company stock worth $9,879,772 in the last quarter. 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.
Further Reading
- Five stocks we like better than Agnico Eagle Mines
- What Are Dividends? Buy the Best Dividend Stocks
- Can TikTok Stock Picks Really Make You Rich?
- Stock Dividend Cuts Happen Are You Ready?
- The “Quality” Rotation: Back to Basics Investing
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Occidental Petroleum: 4 Reasons to Love These Prices
Receive News & Ratings for Agnico Eagle Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agnico Eagle Mines and related companies with MarketBeat.com's FREE daily email newsletter.