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Agnico Eagle Mines (T:AEM) has notable insider net $ selling

Chart shows all insider (exclusing issuers) public market transactions of directly and indirectly held equity securities as reported in SEDI
Published Tuesday May 19, 2015 12:00 AM EDT
Louise Grondin, a Senior Officer, acquired 10,000 Common Shares on a direct ownership basis at a price of $28.030 through an exercise of options on May 15th, 2015. The insider also disposed 10,000 Common Shares on a direct ownership basis at prices ranging from $40.280 and $40.750 through the public market on May 15th, 2015. This represents a $124,850 net divestment of the company's shares and an account share holdings change of 0%.

Marc Legault, a Senior Officer, acquired 28,250 Common Shares on a direct ownership basis at prices ranging from $28.030 and $37.050 through an exercise of options on May 14th, 2015. The insider also disposed 28,250 Common Shares on a direct ownership basis at prices ranging from $40.964 and $41.170 through the public market on May 14th, 2015. This represents a $285,283 net divestment of the company's shares and an account share holdings change of 0%.

AgniCo Eagle Mines Ltd is an international gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut and exploration activities in Canada, Europe, Latin America and the United States. The Company has seven operating, 100% owned mines, and one advanced exploration project. Its properties include LaRonde mine, Lapa mine, Goldex mine, Kittila mine, Meadowbank mine, Pinos Altos mine and La India mine. The Company had 6,030 employees comprised of 4,259 permanent employees, 1,196 contractors, 501 temporary employees and 74 students. The Company earns a proportion of its revenue and cash flow from the production and sale of gold in both dore bar and concentrate form. It also sells namely silver, zinc, copper and lead.

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