Agnico Eagle Mines (AEM) to Release Quarterly Earnings on Thursday

Agnico Eagle Mines (TSE:AEMGet Free Report) (NYSE:AEM) will announce its earnings results after the market closes on Thursday, February 15th. Analysts expect the company to announce earnings of C$0.60 per share for the quarter.

Agnico Eagle Mines Stock Up 0.6 %

Agnico Eagle Mines stock opened at C$63.09 on Tuesday. Agnico Eagle Mines has a 1-year low of C$59.36 and a 1-year high of C$82.90. The firm has a market capitalization of C$31.30 billion, a price-to-earnings ratio of 9.05, a price-to-earnings-growth ratio of 6.41 and a beta of 1.04. The firm’s fifty day moving average price is C$69.21 and its two-hundred day moving average price is C$66.90. The company has a current ratio of 1.99, a quick ratio of 0.89 and a debt-to-equity ratio of 10.57.

Agnico Eagle Mines Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 15th were paid a $0.543 dividend. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.44%. This is a positive change from Agnico Eagle Mines’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Thursday, November 30th. Agnico Eagle Mines’s dividend payout ratio (DPR) is 30.85%.

Analyst Ratings Changes

A number of research firms have weighed in on AEM. Stifel Nicolaus raised their price objective on shares of Agnico Eagle Mines from C$91.00 to C$94.00 and gave the company a “buy” rating in a research note on Friday, January 26th. National Bankshares dropped their price target on shares of Agnico Eagle Mines from C$85.00 to C$84.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 6th. Finally, National Bank Financial reissued an “outperform overweight” rating on shares of Agnico Eagle Mines in a research report on Wednesday, January 3rd. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, Agnico Eagle Mines currently has a consensus rating of “Buy” and an average target price of C$81.86.

Read Our Latest Analysis on Agnico Eagle Mines

Insider Buying and Selling

In related news, Director Sean Boyd sold 72,379 shares of the firm’s stock in a transaction dated Sunday, December 31st. The shares were sold at an average price of C$72.69, for a total transaction of C$5,261,229.51. In related news, Director Sean Boyd sold 72,379 shares of the business’s stock in a transaction that occurred on Sunday, December 31st. The shares were sold at an average price of C$72.69, for a total transaction of C$5,261,229.51. Also, Senior Officer Dominique Girard sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of C$74.27, for a total transaction of C$371,350.00. Over the last 90 days, insiders sold 87,504 shares of company stock worth $6,354,862. Insiders own 0.11% of the company’s stock.

Agnico Eagle Mines Company Profile

(Get Free Report)

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. 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.

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Earnings History for Agnico Eagle Mines (TSE:AEM)

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