Alamos Gold Inc. (TSE:AGI) Senior Officer Sells C$210,770.00 in Stock

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) Senior Officer Mario Luis Chavez – Martinez sold 10,000 shares of the company’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of C$21.08, for a total value of C$210,770.00.

Mario Luis Chavez – Martinez also recently made the following trade(s):

• On Wednesday, March 13th, Mario Luis Chavez – Martinez sold 30,000 shares of Alamos Gold stock. The stock was sold at an average price of C$18.66, for a total transaction of C$559,737.00.

Alamos Gold Stock Up 0.4 %

Alamos Gold stock opened at C$20.54 on Monday. The company has a market capitalization of C$8.15 billion, a P/E ratio of 28.53, a P/E/G ratio of -2.10 and a beta of 0.97. Alamos Gold Inc. has a 1-year low of C$14.80 and a 1-year high of C$22.00. The firm’s fifty day simple moving average is C$19.22 and its 200-day simple moving average 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 announced its quarterly earnings results on Wednesday, April 24th. The company reported C$0.18 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.18. The company had revenue of C$374.24 million during the quarter. Alamos Gold had a return on equity of 7.44% and a net margin of 20.52%. Sell-side analysts forecast that Alamos Gold Inc. will post 0.7762158 earnings per share for the current fiscal year.

Alamos Gold Cuts Dividend

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

Analyst Ratings Changes

Several research analysts have commented on the stock. BMO Capital Markets upped their target price on shares of 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 decreased their price objective on Alamos Gold from C$27.00 to C$26.50 and set an “outperform” rating for the company in a report on Friday, April 26th. Bank of America raised Alamos Gold from a “neutral” rating to a “buy” rating and lifted their target price for the company from C$21.75 to C$27.75 in a research note on Tuesday, April 9th. Royal Bank of Canada raised Alamos Gold from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from C$12.00 to C$16.00 in a research note on Thursday, January 11th. Finally, Jefferies Financial Group set a C$14.00 price objective on shares of Alamos Gold and gave the company a “buy” rating in a research note on Thursday, February 29th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average 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.