Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) released its quarterly earnings results on Thursday. The mining company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.16, Briefing.com reports. Agnico Eagle Mines had a net margin of 29.29% and a return on equity of 5.54%. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter in the prior year, the firm earned $0.57 EPS. The company’s revenue for the quarter was up 21.2% on a year-over-year basis.
Agnico Eagle Mines Trading Up 0.9 %
Shares of Agnico Eagle Mines stock traded up $0.57 during mid-day trading on Friday, hitting $65.51. The stock had a trading volume of 5,016,888 shares, compared to its average volume of 3,325,793. The firm has a 50-day moving average of $56.54 and a two-hundred day moving average of $52.46. The company has a quick ratio of 0.74, a current ratio of 2.09 and a debt-to-equity ratio of 0.10. The firm has a market cap of $32.66 billion, a P/E ratio of 16.04, a price-to-earnings-growth ratio of 0.90 and a beta of 1.06. Agnico Eagle Mines has a 12-month low of $43.22 and a 12-month high of $67.80.
Agnico Eagle Mines Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend was Thursday, February 29th. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently 38.93%.
Analysts Set New Price Targets
View Our Latest Stock Analysis on AEM
About Agnico Eagle Mines
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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