Alamos Gold Inc. (TSE:AGI – Get Free Report) (NYSE:AGI) Senior Officer John Michael Fitzgerald sold 20,456 shares of the business’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of C$27.73, for a total value of C$567,150.78.
John Michael Fitzgerald also recently made the following trade(s):
- On Friday, August 16th, John Michael Fitzgerald sold 15,049 shares of Alamos Gold stock. The shares were sold at an average price of C$25.28, for a total value of C$380,426.68.
Alamos Gold Price Performance
TSE:AGI opened at C$27.50 on Thursday. The company has a quick ratio of 1.06, a current ratio of 3.04 and a debt-to-equity ratio of 0.04. The stock’s 50 day moving average price is C$24.83 and its two-hundred day moving average price is C$22.11. The firm has a market capitalization of C$11.54 billion, a price-to-earnings ratio of 40.44, a P/E/G ratio of -2.10 and a beta of 1.10. Alamos Gold Inc. has a 12-month low of C$14.80 and a 12-month high of C$28.66.
Alamos Gold Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 12th will be paid a $0.035 dividend. This is a positive change from Alamos Gold’s previous quarterly dividend of $0.03. The ex-dividend date is Thursday, September 12th. This represents a $0.14 annualized dividend and a yield of 0.51%. Alamos Gold’s dividend payout ratio is currently 20.59%.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on AGI. CIBC boosted their price target on Alamos Gold from C$25.00 to C$38.00 and gave the company an “outperform” rating in a report on Monday, July 15th. Canaccord Genuity Group boosted their price target on Alamos Gold from C$25.00 to C$29.00 in a report on Tuesday, July 23rd. Scotiabank upgraded Alamos Gold to a “strong-buy” rating in a report on Tuesday, July 16th. TD Securities boosted their price target on Alamos Gold from C$27.00 to C$31.00 in a report on Monday, July 22nd. Finally, National Bank Financial lowered Alamos Gold from a “strong-buy” rating to a “hold” rating in a report on Sunday, September 8th. Three research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Alamos Gold presently has an average rating of “Moderate Buy” and a consensus price target of C$25.80.
Read Our Latest Report on Alamos Gold
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.
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