Alamos Gold Inc. (TSE:AGI) Senior Officer Sells C$266,321.88 in Stock

Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI Senior Officer Luc Guimond sold 7,194 shares of Alamos Gold stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of C$37.02, for a total value of C$266,321.88.

Luc Guimond also recently made the following trade(s):

• On Tuesday, June 3rd, Luc Guimond sold 10,251 shares of Alamos Gold stock. The shares were sold at an average price of C$36.95, for a total value of C$378,774.45.

Alamos Gold Price Performance

Alamos Gold stock traded down C$0.20 during mid-day trading on Thursday, hitting C$36.89. 1,262,407 shares of the company were exchanged, compared to its average volume of 1,355,263. The company has a market capitalization of C$10.91 billion, a P/E ratio of 43.92, a PEG ratio of -2.10 and a beta of 1.10. The company has a debt-to-equity ratio of 8.48, a current ratio of 1.62 and a quick ratio of 1.06. Alamos Gold Inc. has a 12-month low of C$20.65 and a 12-month high of C$42.97. The business's 50 day simple moving average is C$37.24 and its two-hundred day simple moving average is C$32.64.

Wall Street Analyst Weigh In

AGI has been the topic of several analyst reports. Canaccord Genuity Group lifted their target price on Alamos Gold from C$39.00 to C$44.00 and gave the company a "buy" rating in a research note on Monday, April 7th. CIBC raised their price target on Alamos Gold from C$46.00 to C$48.00 in a report on Thursday, April 17th. National Bankshares raised their price target on Alamos Gold from C$38.00 to C$46.00 and gave the company an "outperform" rating in a report on Wednesday, March 19th. National Bank Financial raised Alamos Gold to a "strong-buy" rating in a report on Friday, March 21st. Finally, TD Securities reduced their price target on Alamos Gold from C$48.00 to C$45.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Five research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Alamos Gold presently has a consensus rating of "Buy" and a consensus target price of C$40.50.

Alamos Gold Company Profile

Alamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating mines in North America: the Young-Davidson Mine in Canada and the Mulatos and El Chanate Mines in Sonora, Mexico. The Young-Davidson mine is the group's largest revenue contributor, and the property also holds mineral leases and claims covering approximately 11,000 acres.