NEW YORK (

TheStreet

) -- The ex-dividend date for

Agnico-Eagle Mines

(NYSE:

AEM

) is tomorrow, August 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $69.19 as of 9:30 a.m. ET, the dividend yield is 1%.

The average volume for Agnico-Eagle Mines has been 2.2 million shares per day over the past 30 days. Agnico-Eagle Mines has a market cap of $11.4 billion and is part of the

basic materials

sector and

metals & mining

industry. Shares are down 10.5% year to date as of the close of trading on Friday.

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Agnico-Eagle Mines Limited, through its subsidiaries, engages in the exploration, development, and production of mineral properties. It explores for gold, silver, zinc, copper, and lead. The company has a P/E ratio of 35.6, below the average metals & mining industry P/E ratio of 35.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Agnico-Eagle Mines as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Agnico-Eagle Mines Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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