Alamos Gold Inc. (TSE:AGI) Senior Officer Mario Luis Chavez – Martinez Sells 10,000 Shares

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 that occurred on Monday, April 29th. The shares were sold at an average price of C$21.08, for a total transaction 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 Trading Up 0.4 %

TSE:AGI opened at C$20.54 on Monday. Alamos Gold Inc. has a 12 month low of C$14.80 and a 12 month high of C$22.00. The company has a current ratio of 2.36, a quick ratio of 1.06 and a debt-to-equity ratio of 0.04. The stock has a market capitalization 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. The firm has a fifty day simple moving average of C$19.22 and a two-hundred day simple moving average of C$18.12.

Alamos Gold (TSE:AGI) (NYSE:AGI) last issued its earnings results on Wednesday, April 24th. The company reported C$0.18 EPS for the quarter, meeting analysts’ consensus estimates of C$0.18. The business 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%. Analysts expect that Alamos Gold Inc. will post 0.7762158 EPS for the current fiscal year.

Alamos Gold Cuts Dividend

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

Analyst Ratings Changes

Several research analysts have commented on AGI shares. Royal Bank of Canada raised 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 report on Thursday, January 11th. Canaccord Genuity Group increased their target price on shares of Alamos Gold from C$23.00 to C$25.00 in a research report on Tuesday, April 23rd. National Bank Financial reaffirmed an “outperform overweight” rating on shares of Alamos Gold in a research note on Monday, April 8th. National Bankshares lowered their target price on shares of Alamos Gold from C$27.00 to C$26.50 and set an “outperform” rating for the company in a research note on Friday, April 26th. Finally, Haywood Securities upped their price target on shares of Alamos Gold from C$20.00 to C$22.50 in a research report on Monday, April 1st. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently 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.