Agnico Eagle Mines Ltd (TSE:AEM) Senior Officer Jean Robitaille Purchases 1,000 Shares

Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Senior Officer Jean Robitaille acquired 1,000 shares of the firm’s stock in a transaction dated Thursday, February 20th. The stock was bought at an average cost of C$67.00 per share, for a total transaction of C$67,000.00. Following the purchase, the insider now directly owns 68,013 shares of the company’s stock, valued at C$4,556,871.

Jean Robitaille also recently made the following trade(s):

  • On Monday, February 24th, Jean Robitaille acquired 1,000 shares of Agnico Eagle Mines stock. The stock was bought at an average cost of C$69.95 per share, for a total transaction of C$69,946.00.

TSE:AEM opened at C$68.14 on Thursday. The company has a current ratio of 1.54, a quick ratio of 0.55 and a debt-to-equity ratio of 36.02. Agnico Eagle Mines Ltd has a 12-month low of C$53.23 and a 12-month high of C$86.39. The stock has a 50-day moving average price of C$76.14 and a 200 day moving average price of C$77.15. The stock has a market capitalization of $16.35 billion and a P/E ratio of 34.24.

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 28th will be given a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, February 27th. Agnico Eagle Mines’s dividend payout ratio is currently 27.64%.

Several research analysts have recently commented on the company. National Bank Financial decreased their price objective on Agnico Eagle Mines from C$101.00 to C$84.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 19th. Canaccord Genuity downgraded Agnico Eagle Mines from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$95.00 to C$82.00 in a research note on Friday, February 14th.

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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