Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) Director Deborah Mccombe acquired 500 shares of Agnico Eagle Mines stock in a transaction on Tuesday, September 19th. The shares were bought at an average cost of C$58.24 per share, with a total value of C$29,120.00.

Shares of Agnico Eagle Mines Ltd (AEM) traded down 0.72% during midday trading on Wednesday, hitting $57.83. 650,886 shares of the stock were exchanged. The stock’s 50-day moving average price is $59.73 and its 200-day moving average price is $60.46. Agnico Eagle Mines Ltd has a 1-year low of $46.91 and a 1-year high of $74.57. The firm has a market capitalization of $13.37 billion and a price-to-earnings ratio of 53.15.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.69%. The ex-dividend date was Wednesday, August 30th.

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A number of equities analysts have commented on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Agnico Eagle Mines in a research report on Monday, September 11th. Canaccord Genuity lifted their price objective on shares of Agnico Eagle Mines from C$72.00 to C$73.00 in a research report on Thursday, July 27th. TD Securities lifted their price objective on shares of Agnico Eagle Mines to C$65.00 and gave the stock a “hold” rating in a research report on Thursday, August 3rd. Finally, National Bank Financial raised shares of Agnico Eagle Mines from a “sector perform” rating to an “outperform” rating in a research report on Sunday, July 23rd. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of C$66.13.

About Agnico Eagle Mines

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.

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

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