Agnico Eagle Mines Limited (AEM) Director Sells C$58,490.00 in Stock

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) Director Sean Riley sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, January 12th. The stock was sold at an average price of C$58.49, for a total value of C$58,490.00.

Shares of Agnico Eagle Mines Limited (AEM) traded down C$0.96 on Friday, hitting C$57.99. The stock had a trading volume of 726,354 shares, compared to its average volume of 669,334. The stock has a market cap of $13,480.00, a PE ratio of 39.99 and a beta of -1.15. Agnico Eagle Mines Limited has a twelve month low of C$52.36 and a twelve month high of C$68.76.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last issued its quarterly earnings data on Wednesday, October 25th. The company reported C$0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.22 by C$0.13. Agnico Eagle Mines had a return on equity of 5.83% and a net margin of 12.23%.

A number of research firms recently commented on AEM. Canaccord Genuity boosted their price target on Agnico Eagle Mines from C$77.00 to C$81.00 in a report on Friday. Desjardins reissued a “buy” rating and issued a C$60.00 price target on shares of Agnico Eagle Mines in a report on Monday, December 11th. Finally, Eight Capital reissued a “neutral” rating on shares of Agnico Eagle Mines in a report on Thursday, November 16th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of C$66.71.

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About Agnico Eagle Mines

Agnico Eagle Mines Ltd is a Canada-based gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut, as well as exploration activities in Canada, Europe, Latin America and the United States. It operates through the business units: Northern Business, which consists of its operations in Canada and Finland, such as the LaRonde mine, the Lapa mine, the Goldex mine, the Meadowbank mine, the Meliadine project and the Malartic Mine in Canada, as well as the Kittila mine in Finland; Southern Business, which consists of its operations in Mexico, such as the Pinos Altos mine that includes the Creston Mascota deposit and the La India mine owned by its indirect subsidiary, as well as Exploration Group, which focuses on the identification of new mineral reserves and mineral resources, and new development opportunities in gold producing regions.

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

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