Agnico Eagle Mines Ltd Plans Quarterly Dividend of C$0.08 (AEM)
Agnico Eagle Mines (TSE:AEM) announced a Quarterly dividend on Thursday, August 28th, American Banking News reports. Stockholders of record on Tuesday, September 16th will be paid a dividend of 0.08 per share on Tuesday, September 16th. This represents a dividend yield of 0.79%. The ex-dividend date is Thursday, August 28th.
Several analysts have recently commented on the stock. Analysts at Desjardins downgraded shares of Agnico Eagle Mines from a “buy” rating to a “hold” rating in a research note on Thursday, July 31st. On the ratings front, analysts at RBC Capital raised their price target on shares of Agnico Eagle Mines from C$43.00 to C$49.00 in a research note on Wednesday, July 9th. Finally, analysts at Canaccord Genuity raised their price target on shares of Agnico Eagle Mines from C$45.00 to C$49.00 in a research note on Wednesday, June 18th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of C$36.09.
Shares of Agnico Eagle Mines (TSE:AEM) opened at 40.35 on Thursday. Agnico Eagle Mines has a 1-year low of $24.66 and a 1-year high of $45.92. The stock has a 50-day moving average of $42.89 and a 200-day moving average of $37.4. The company’s market cap is $8.414 billion.
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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