Alamos Gold Inc. (TSE:AGI) Senior Officer Sells C$286,414.32 in Stock

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) Senior Officer Scott Russell Gordon Parsons sold 13,334 shares of the stock in a transaction on Wednesday, June 26th. The shares were sold at an average price of C$21.48, for a total value of C$286,414.32.

Alamos Gold Price Performance

Alamos Gold stock opened at C$21.46 on Monday. Alamos Gold Inc. has a 1 year low of C$14.80 and a 1 year high of C$23.60. The firm has a 50 day moving average price of C$21.75 and a 200 day moving average price of C$19.18. The company has a market cap of C$8.54 billion, a price-to-earnings ratio of 30.23, a PEG ratio of -2.10 and a beta of 1.05. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.06 and a current ratio of 2.79.

Alamos Gold (TSE:AGI) (NYSE:AGI) last released its earnings results on Wednesday, April 24th. The company reported C$0.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C$0.18. Alamos Gold had a net margin of 19.41% and a return on equity of 7.12%. The firm had revenue of C$374.24 million during the quarter. Sell-side analysts predict that Alamos Gold Inc. will post 0.9497925 earnings per share for the current year.

Alamos Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 27th. Shareholders of record on Thursday, June 13th were given a dividend of $0.034 per share. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $0.14 dividend on an annualized basis and a yield of 0.63%. Alamos Gold’s dividend payout ratio (DPR) is 19.72%.

Analysts Set New Price Targets

Several research firms have issued reports on AGI. National Bank Financial reaffirmed an “outperform overweight” rating on shares of Alamos Gold in a research note on Monday, April 8th. Canaccord Genuity Group lifted their price target on shares of Alamos Gold from C$23.00 to C$25.00 in a report on Tuesday, April 23rd. Bank of America upgraded shares of Alamos Gold from a “neutral” rating to a “buy” rating and lifted their price target for the stock from C$21.75 to C$27.75 in a report on Tuesday, April 9th. Haywood Securities lifted their price target on shares of Alamos Gold from C$20.00 to C$22.50 in a report on Monday, April 1st. Finally, BMO Capital Markets lifted their price target on shares of Alamos Gold from C$23.00 to C$26.00 and gave the stock an “outperform” rating in a report on Thursday, March 28th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average 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.