Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Senior Officer Don Allan sold 16,000 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of C$70.82, for a total value of C$1,133,120.00. Following the completion of the sale, the insider now directly owns 39,566 shares of the company’s stock, valued at C$2,802,064.12.
Don Allan also recently made the following trade(s):
- On Friday, June 28th, Don Allan sold 6,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$66.59, for a total value of C$399,540.00.
- On Wednesday, June 12th, Don Allan sold 4,000 shares of Agnico Eagle Mines stock. The stock was sold at an average price of C$62.10, for a total value of C$248,400.00.
Shares of TSE AEM traded down C$1.24 during mid-day trading on Wednesday, reaching C$70.04. 245,674 shares of the company’s stock were exchanged, compared to its average volume of 818,548. The firm has a market capitalization of $16.95 billion and a price-to-earnings ratio of -52.95. The company has a debt-to-equity ratio of 38.88, a current ratio of 1.29 and a quick ratio of 0.31. Agnico Eagle Mines Ltd has a 52-week low of C$42.35 and a 52-week high of C$71.96. The stock’s 50-day moving average is C$67.22.
A number of analysts have issued reports on AEM shares. Canaccord Genuity reaffirmed a “buy” rating on shares of Wheaton Precious Metals in a research note on Friday, July 19th. JPMorgan Chase & Co. upgraded M.D.C. from an “underweight” rating to a “neutral” rating in a report on Monday, July 8th. Desjardins cut Canadian Pacific Railway from a “buy” rating to a “hold” rating in a report on Friday, April 12th. BMO Capital Markets increased their price target on Discover Financial Services to $92.00 and gave the stock a “market perform” rating in a report on Monday, April 29th. Finally, National Bank Financial increased their price target on Yamana Gold from C$4.25 to C$4.50 and gave the stock an “outperform” rating in a report on Tuesday, July 23rd.
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.
Receive News & Ratings for Agnico Eagle Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agnico Eagle Mines and related companies with MarketBeat.com's FREE daily email newsletter.