27 May, 2017
Mcrae Capital Management Inc. held its position in Agnico Eagle Mines Ltd (NYSE:AEM) (TSE:AEM) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. As a percentage of MLM's recent stock price of $229.17, this dividend works out to approximately 0.18%, so look for shares of Martin Marietta Materials, Inc.to trade 0.18% lower - all else being equal - when MLM shares open for trading on 5/30/17.
Several research analysts have weighed in on the company.
Whether or not the company meets or beats this expectation, along with other factors, can often dictate where the share price might be headed in the near-term. Arete Wealth Advisors LLC increased its stake in Agnico Eagle Mines by 3.6% in the third quarter. Its up 23.14% from 2.75M shares, reported previously. Paulson & CO. Inc. bought a new stake in Agnico Eagle Mines during the fourth quarter worth $45,385,000. Arete Wealth Advisors LLC now owns 15,521 shares of the mining company's stock worth $841,000 after buying an additional 543 shares during the period. Institutional investors and hedge funds own 61.32% of the company's stock.
Agnico Eagle Mines Limited (NYSE:AEM)'s stock has performed at 14.88%. The stock's 50-day moving average is $46.62 and its 200-day moving average is $44.39. HSBC maintained Agnico Eagle Mines Ltd (USA) (NYSE:AEM) rating on Tuesday, September 8. Analyst forecasts, earnings estimates and price target projections are issued to help their clients make money through stock investments. During the same quarter in the prior year, the firm earned $0.12 EPS. Agnico Eagle Mines had a net margin of 3.80% and a return on equity of 2.27%. Breaking that down further, it has performed -1.15% for the week, 10.64% for the month, 6.47% over the last quarter, 12.89% for the past half-year and 7.65% for this a year ago. During the same quarter a year ago, the business posted $0.12 earnings per share.
Zacks provides a simpler approach for understanding analyst recommendations on stocks, using an integer based system which converts each recommendation into a 1-5 average, where 1 represents a Strong Buy and 5 a Strong Sell.
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. (NASDAQ:CSOD) on Thursday, June 16 with "Buy" rating. The ex-dividend date of this dividend is Tuesday, May 30th. Agnico Eagle Mines's payout ratio is 88.89%.
WARNING: This article was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another site, it was copied illegally and republished in violation of US and global copyright laws. Ratings and estimates change daily and thus the numbers may differ slightly if a new report has been issued within the last 24-hours. Royal Bank of Canada reaffirmed a "hold" rating and set a $46.00 price target on shares of Agnico Eagle Mines in a research note on Tuesday, April 18th. Finally, Barclays PLC reduced their price target on shares of Agnico Eagle Mines from $58.00 to $53.00 and set an "overweight" rating on the stock in a research report on Monday, March 6th.
Among 14 analysts covering Agnico-Eagle Mines (NYSE:AEM), 8 have Buy rating, 1 Sell and 5 Hold. As per Wednesday, April 19, the company rating was maintained by RBC Capital Markets.
Agnico Eagle Mines Limited is a gold producer with mining activities in northwestern Quebec, northern Mexico, northern Finland and Nunavut and exploration activities in Canada, Europe, Latin America and the United States. The Firm operates through three business units.
