Agnico Eagle Mines Ltd (AEM) Plans Quarterly Dividend of C$0.08
Agnico Eagle Mines (TSE:AEM) declared a Quarterly dividend on Thursday, May 29th, Analyst Ratings Network.com reports. Stockholders of record on Monday, June 16th will be given a dividend of 0.08 per share on Monday, June 16th. This represents a yield of 0.99%. The ex-dividend date of this dividend is Thursday, May 29th.
A number of research firms have recently commented on AEM. Analysts at CIBC raised their price target on shares of Agnico Eagle Mines from C$38.00 to C$40.00 in a research note on Friday, May 23rd. On the ratings front, analysts at JPMorgan Chase & Co. raised their price target on shares of Agnico Eagle Mines from C$29.00 to C$31.00 in a research note on Thursday, May 8th. They now have a “neutral” rating on the stock. Finally, analysts at Morgan Stanley raised their price target on shares of Agnico Eagle Mines from C$36.00 to C$37.00 in a research note on Monday, May 5th. They now have an “overweight” rating on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of C$33.73.
Agnico Eagle Mines (TSE:AEM) opened at 32.31 on Thursday. Agnico Eagle Mines has a 52-week low of $24.66 and a 52-week high of $39.30. The stock’s 50-day moving average is $33.74 and its 200-day moving average is $32.70. The company’s market cap is $5.624 billion.
Agnico Eagle Mines (TSE:AEM) last announced its earnings results on Monday, May 5th. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.25 by $0.41. On average, analysts predict that Agnico Eagle Mines will post $1.08 earnings per share for the current fiscal year.
Agnico Eagle Mines Limited (TSE:AEM) is a Canada-based international 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.
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