Public market insider selling at Agnico Eagle Mines (AEM)

Public market insider selling at Agnico Eagle Mines (T:AEM)

Sean Boyd, CEO and Director, disposed of 55,186 Common Shares on a direct ownership basis at a price of $66.120 on December 31st, 2021. This represents a $3,648,898 divestment of the company's shares and an account share holdings change of -24.7%.

In addition, Ammar Al-Joundi, a Senior Officer, disposed of 35,872 Common Shares on a direct ownership basis. This represents a $2,371,857 divestment of the company's shares and an account share holdings change of -19.3%. David Smith, CFO, disposed of 19,868 Common Shares on a direct ownership basis. This represents a $1,313,672 divestment of the company's shares and an account share holdings change of -27.0%.

Multiple other insiders also reported selling in smaller amounts.

Agnico Eagle Mines is in the Gold Sub Industry Group under the Basic Materials Sector.

Agnico Eagle Mines Limited is a Canada-based gold mining company, which is engaged in producing precious metals. The Company operates through three business units: Northern Business, Southern Business and Exploration. The Company's Northern Business comprises of its operations in Canada and Finland. Its Canadian properties include the LaRonde Complex, the Goldex mine, the Meadowbank Complex, the Meliadine mine, the Hope Bay mine, and the Canadian Malartic Mine. The Company's Southern Business comprises of its operations in Mexico. Its Pinos Altos mine, including the Creston Mascota deposit, is held through its subsidiary Agnico Eagle Mexico, S.A. de C.V. The La India mine is owned by its subsidiary, Agnico Sonora, S.A. de C.V. Its Exploration group is focused on the identification of new mineral reserves and mineral resources and new development opportunities in gold producing regions. Its exploration activities are concentrated in Canada, Europe, Latin America and the United States.