Alamos Gold Inc. (TSE:AGI) Director Sells C$2,082,000.00 in Stock

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) Director John Mccluskey sold 100,000 shares of Alamos Gold stock in a transaction on Monday, April 29th. The stock was sold at an average price of C$20.82, for a total transaction of C$2,082,000.00.

Alamos Gold Trading Up 0.4 %

Shares of AGI stock opened at C$20.54 on Monday. The stock has a market cap of C$8.15 billion, a price-to-earnings ratio of 28.53, a PEG ratio of -2.10 and a beta of 0.97. Alamos Gold Inc. has a twelve month low of C$14.80 and a twelve month high of C$22.00. The company’s 50-day moving average price is C$19.22 and its 200-day moving average price is C$18.12. The company has a current ratio of 2.36, a quick ratio of 1.06 and a debt-to-equity ratio of 0.04.

Alamos Gold (TSE:AGI) (NYSE:AGI) last issued its quarterly earnings data on Wednesday, April 24th. The company reported C$0.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.18. The firm had revenue of C$374.24 million for the quarter. Alamos Gold had a net margin of 20.52% and a return on equity of 7.44%. As a group, equities analysts predict that Alamos Gold Inc. will post 0.7762158 earnings per share for the current year.

Alamos Gold Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were issued a $0.034 dividend. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.14 annualized dividend and a yield of 0.66%. Alamos Gold’s dividend payout ratio (DPR) is currently 19.44%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on AGI shares. National Bankshares lowered their target price on shares of Alamos Gold from C$27.00 to C$26.50 and set an “outperform” rating on the stock in a research note on Friday, April 26th. Desjardins lowered their target price on shares of Alamos Gold from C$19.50 to C$18.75 and set a “hold” rating on the stock in a research note on Friday, January 12th. Royal Bank of Canada raised shares of Alamos Gold from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from C$12.00 to C$16.00 in a research note on Thursday, January 11th. Jefferies Financial Group set a C$14.00 price target on shares of Alamos Gold and gave the company a “buy” rating in a research report on Thursday, February 29th. Finally, Bank of America raised shares of Alamos Gold from a “neutral” rating to a “buy” rating and boosted their price target for the company from C$21.75 to C$27.75 in a research report on Tuesday, April 9th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Alamos Gold currently has a consensus rating of “Moderate Buy” and a consensus price target of C$22.55.

Alamos Gold Company Profile

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.