Agnico Eagle Mines Ltd (USA) (AEM) : Old Mission Capital added new position in Agnico Eagle Mines Ltd (USA) during the most recent quarter end. The investment management firm now holds 38,029 shares of Agnico Eagle Mines Ltd (USA) which is valued at $1,597,979 , the company said in a statement filed on Nov 14, 2016 with the SEC.Agnico Eagle Mines Ltd (USA) makes up approximately 0.15% of Old Mission Capital’s portfolio.
Other Hedge Funds, Including , Qcm Cayman Ltd. sold out all of its stake in AEM during the most recent quarter. The investment firm sold 6,015 shares of AEM which is valued $252,750. Acrospire Investment Management added AEM to its portfolio by purchasing 100 company shares during the most recent quarter which is valued at $4,655. Foster Dykema Cabot Co Incma added AEM to its portfolio by purchasing 5,509 company shares during the most recent quarter which is valued at $278,425. Agnico Eagle Mines Ltd (USA) makes up approx 0.06% of Foster Dykema Cabot Co Incma’s portfolio.Blackrock Investment Management reduced its stake in AEM by selling 4,206 shares or 18.49% in the most recent quarter. The Hedge Fund company now holds 18,541 shares of AEM which is valued at $919,448.Tower Research Capital (trc) boosted its stake in AEM in the latest quarter, The investment management firm added 822 additional shares and now holds a total of 6,143 shares of Agnico Eagle Mines Ltd (USA) which is valued at $304,631. Agnico Eagle Mines Ltd (USA) makes up approx 0.03% of Tower Research Capital (trc)’s portfolio.
Agnico Eagle Mines Ltd (USA) closed down -0.58 points or -1.36% at $42.2 with 24,05,816 shares getting traded on Monday. Post opening the session at $42.1, the shares hit an intraday low of $41.47 and an intraday high of $42.95 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Agnico Eagle Mines Ltd (USA) reported $0.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Oct 26, 2016. Analyst had a consensus of $0.18. The company had revenue of $610.90 million for the quarter, compared to analysts expectations of $555.47 million. The company’s revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.018 EPS.
Investors should note that on Oct 26, 2016, Agnico Eagle Mines Ltd (USA) announced a cash dividend of $0.1000. The company’s management has announced Nov 29, 2016 as the ex-dividend date and fixed the record date on Dec 1, 2016. The payable date has been fixed on Dec 15, 2016.
Many Wall Street Analysts have commented on Agnico Eagle Mines Ltd (USA). Agnico Eagle Mines Ltd (USA) was Upgraded by Raymond James to ” Outperform” on Oct 25, 2016.
Agnico Eagle Mines Ltd is a Canada-based gold producer. The Company has mining operations in northwestern Quebec northern Mexico northern Finland and Nunavut and exploration activities in Canada Europe Latin America and the United States. It operates through three business units: Northern Business Southern Business and Exploration. Its Northern Business consists of the operations in Canada and Finland which include the LaRonde mine the Lapa mine the Goldex mine the Meadowbank mine and the Meliadine project. Its Southern Business consists of the Company’s operations in Mexico. The Company’s mining at Pinos Altos is conducted through its subsidiary Agnico Eagle Mexico S.A. de C.V. which owns the Pinos Altos mine including the Creston Mascota deposit. Its Exploration group focuses on the identification of new mineral reserves and resources and new developments in stable and proven gold producing regions.