Insider Selling: Agnico Eagle Mines Ltd (TSE:AEM) Senior Officer Sells C$400,750.00 in Stock

Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Senior Officer Yvon Sylvestre sold 5,000 shares of the company’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of C$80.15, for a total value of C$400,750.00. Following the transaction, the insider now directly owns 2,103 shares in the company, valued at approximately C$168,555.45.

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

  • On Thursday, August 1st, Yvon Sylvestre sold 5,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$72.00, for a total value of C$360,000.00.
  • 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 value of C$287,000.00.

Agnico Eagle Mines stock opened at C$78.84 on Friday. The company has a debt-to-equity ratio of 38.88, a quick ratio of 0.46 and a current ratio of 1.29. The firm has a market capitalization of $18.61 billion and a price-to-earnings ratio of -59.23. Agnico Eagle Mines Ltd has a fifty-two week low of C$42.35 and a fifty-two week high of C$80.48. The stock’s fifty day moving average is C$70.79 and its two-hundred day moving average is C$61.11.



The company also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 30th will be issued a $0.289 dividend. This represents a $1.16 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend is Thursday, August 29th. Agnico Eagle Mines’s dividend payout ratio (DPR) is -35.31%.

AEM has been the topic of a number of recent analyst reports. Canaccord Genuity upped their price objective on Agnico Eagle Mines from C$79.00 to C$83.00 in a report on Friday, July 19th. National Bank Financial upped their price objective on Agnico Eagle Mines from C$86.00 to C$91.00 and gave the stock an “outperform” rating in a report on Wednesday. Eight Capital upped their price objective on Agnico Eagle Mines from C$65.00 to C$93.00 in a report on Thursday, August 8th. BMO Capital Markets set a C$48.00 price objective on Agnico Eagle Mines and gave the stock an “outperform” rating in a report on Monday, April 29th. Finally, JPMorgan Chase & Co. upped their target price on Agnico Eagle Mines from C$68.00 to C$83.00 in a report on Wednesday.

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.

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Insider Buying and Selling by Quarter for Agnico Eagle Mines (TSE:AEM)

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