Agnico Eagle Mines (TSE:AEM) Price Target Raised to C$105.00 at Royal Bank of Canada

Agnico Eagle Mines (TSE:AEMGet Free Report) (NYSE:AEM) had its price target boosted by equities research analysts at Royal Bank of Canada to C$105.00 in a research report issued to clients and investors on Thursday, Stock Target Advisor reports. The brokerage currently has a “buy” rating on the stock. Royal Bank of Canada’s target price indicates a potential downside of 25.85% from the stock’s previous close.

Agnico Eagle Mines Stock Down 0.8 %

TSE:AEM traded down C$1.19 during mid-day trading on Thursday, reaching C$141.60. The company’s stock had a trading volume of 79,305 shares, compared to its average volume of 959,564. The company has a quick ratio of 0.89, a current ratio of 1.75 and a debt-to-equity ratio of 7.88. The firm has a market capitalization of C$50.07 billion, a PE ratio of 49.75, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10. The stock has a fifty day moving average of C$129.42 and a 200-day moving average of C$118.69. Agnico Eagle Mines has a 1 year low of C$72.59 and a 1 year high of C$145.25.

Insider Activity at Agnico Eagle Mines

In related news, Director John Merfyn Roberts sold 2,000 shares of the stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of C$118.43, for a total transaction of C$236,860.00. Also, Senior Officer Ammar Al-Joundi sold 17,936 shares of Agnico Eagle Mines stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of C$111.84, for a total transaction of C$2,005,962.24. Insiders have sold a total of 70,269 shares of company stock valued at $8,396,572 over the last quarter. 0.08% of the stock is owned by corporate insiders.

Agnico Eagle Mines Company Profile

(Get Free Report)

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.

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