Agnico Eagle Mines Ltd (AEM) Insider Sells C$651,300.00 in Stock

Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) insider Yvon Sylvestre sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of C$65.13, for a total transaction of C$651,300.00.

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

  • On Tuesday, June 6th, Yvon Sylvestre sold 5,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$67.25, for a total value of C$336,250.00.
  • On Wednesday, May 17th, Yvon Sylvestre sold 5,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$68.33, for a total value of C$341,650.00.
  • On Tuesday, May 16th, Yvon Sylvestre sold 5,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$67.00, for a total value of C$335,000.00.

Shares of Agnico Eagle Mines Ltd (AEM) traded up 0.65% on Friday, hitting $62.00. 2,130,161 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $64.97 and its 200 day moving average price is $59.98. The stock has a market cap of $14.27 billion and a price-to-earnings ratio of 68.89. Agnico Eagle Mines Ltd has a 12-month low of $46.91 and a 12-month high of $78.35.

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

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Thursday, June 15th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, May 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.65%.

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A number of equities research analysts have recently weighed in on AEM shares. TD Securities reissued a “hold” rating and set a C$65.00 price objective on shares of Agnico Eagle Mines in a report on Friday, April 28th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Agnico Eagle Mines in a report on Monday, April 24th. Desjardins dropped their price objective on shares of Agnico Eagle Mines from C$76.00 to C$72.00 in a report on Friday, February 17th. Canaccord Genuity dropped their price objective on shares of Agnico Eagle Mines from C$77.00 to C$76.00 and set a “buy” rating on the stock in a report on Friday, February 17th. Finally, Scotiabank reissued an “outperform” rating and set a C$56.50 price objective on shares of Agnico Eagle Mines in a report on Wednesday, March 29th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Agnico Eagle Mines presently has a consensus rating of “Buy” and a consensus target price of C$66.50.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited is a gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut and exploration activities in Canada, Europe, Latin America and the United States. The Company operates through three business units. The Northern Business consists of its operations in Canada and Finland.

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