Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Senior Officer R. Gregory Laing sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of C$80.05, for a total value of C$800,500.00. Following the sale, the insider now directly owns 37,889 shares in the company, valued at approximately C$3,033,014.45.
R. Gregory Laing also recently made the following trade(s):
- On Monday, June 24th, R. Gregory Laing sold 6,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$66.99, for a total value of C$401,940.00.
Shares of TSE AEM traded up C$0.71 during trading on Thursday, hitting C$78.50. The company had a trading volume of 241,158 shares, compared to its average volume of 839,300. The company has a market cap of $18.61 billion and a P/E ratio of -58.98. Agnico Eagle Mines Ltd has a 52 week low of C$42.35 and a 52 week high of C$80.48. The firm has a 50-day moving average of C$70.56. The company has a debt-to-equity ratio of 38.88, a quick ratio of 0.46 and a current ratio of 1.29.
Several equities research analysts recently commented on the company. Canaccord Genuity boosted their target price on Agnico Eagle Mines from C$79.00 to C$83.00 in a report on Friday, July 19th. Eight Capital boosted their target price on Agnico Eagle Mines from C$65.00 to C$93.00 in a report on Thursday, August 8th. National Bank Financial upped their price target on Agnico Eagle Mines from C$86.00 to C$91.00 and gave the company an “outperform” rating in a report on Wednesday. JPMorgan Chase & Co. upped their price target on Agnico Eagle Mines from C$68.00 to C$83.00 in a report on Wednesday. Finally, BMO Capital Markets set a C$48.00 price target on Agnico Eagle Mines and gave the company an “outperform” rating in a report on Monday, April 29th.
Agnico Eagle Mines Company Profile
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.
Further Reading: Are sell-side analysts objective?
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