Shares of Alamos Gold Inc. (TSE:AGI – Get Free Report) (NYSE:AGI) have received an average rating of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$22.10.
Several research firms recently commented on AGI. National Bank Financial reiterated an “outperform overweight” rating on shares of Alamos Gold in a research report on Monday, April 8th. BMO Capital Markets lifted their price target on Alamos Gold from C$23.00 to C$26.00 and gave the stock an “outperform” rating in a research report on Thursday, March 28th. National Bankshares dropped their target price on Alamos Gold from C$27.50 to C$27.00 in a research report on Friday. Haywood Securities boosted their target price on Alamos Gold from C$20.00 to C$22.50 in a research report on Monday, April 1st. Finally, TD Securities boosted their target price on Alamos Gold from C$23.00 to C$24.00 and gave the company a “buy” rating in a research report on Thursday, March 28th.
Alamos Gold Trading Up 1.5 %
Alamos Gold (TSE:AGI – Get Free Report) (NYSE:AGI) last released its quarterly earnings results on Wednesday, February 21st. The company reported C$0.16 EPS for the quarter, hitting the consensus estimate of C$0.16. The company had revenue of C$346.65 million during the quarter. Alamos Gold had a return on equity of 7.44% and a net margin of 20.52%. As a group, research analysts forecast that Alamos Gold will post 0.7762158 EPS for the current year.
Alamos Gold Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th were paid a dividend of $0.034 per share. This represents a $0.14 annualized dividend and a dividend yield of 0.65%. The ex-dividend date was Wednesday, March 13th. Alamos Gold’s dividend payout ratio is presently 19.44%.
Insider Activity
In related news, Senior Officer Mario Luis Chavez – Martinez sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of C$18.66, for a total value of C$559,737.00. Insiders own 0.29% of the company’s stock.
About Alamos Gold
Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.
Featured Stories
- Five stocks we like better than Alamos Gold
- What is the Australian Securities Exchange (ASX)
- Comprehensive Analysis of PayPal Stock
- What Are Trending Stocks? Trending Stocks Explained
- Intuitive Surgical Stock Can Trend Much Higher This Year
- Quiet Period Expirations Explained
- Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Receive News & Ratings for Alamos Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alamos Gold and related companies with MarketBeat.com's FREE daily email newsletter.