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Agnico Eagle Mines Surges to 216th in Trading Volume with 4.21 Billion Turnover
Generated by AI AgentAinvest Volume Radar
Thursday, May 29, 2025 8:12 pm ET1min read
On May 29, 2025,
(AEM) saw a significant increase in trading volume, with a turnover of 4.21 billion, marking a 63.83% rise from the previous day. This surge placed at the 216th position in terms of trading volume for the day. The stock price of AEM also experienced a modest increase, rising by 0.25% over the past two days, resulting in a cumulative gain of 1.61%.Agnico Eagle Mines has recently announced an additional investment in Foran Mining Corporation. This move is part of the company's strategy to increase its stake in Foran Mining to 13.5%. Currently, Agnico Eagle holds 39,125,448 common shares of Foran Mining, which represents approximately 9.9% of the total shares. This investment is seen as a strong start to the year for the Canadian mining company, demonstrating its commitment to expanding its portfolio and securing strategic assets.
In addition to its investment in Foran Mining, Agnico Eagle Mines has also been focusing on its dividend policy. The company offers an annual dividend of 2.22 CAD per share, with a yield of 1.38%. Dividends are paid out every three months, providing shareholders with a steady income stream. The last ex-dividend date was recently announced, ensuring that shareholders receive their dividends in a timely manner.
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