Insider Selling: Alamos Gold Inc. (TSE:AGI) Senior Officer Sells 10,000 Shares of Stock

Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI Senior Officer Gregory S. Fisher sold 10,000 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of C$37.27, for a total value of C$372,700.00.

Alamos Gold Price Performance

Shares of TSE:AGI traded down C$0.38 during trading on Friday, reaching C$36.51. 2,220,145 shares of the company's stock traded hands, compared to its average volume of 1,363,198. The company has a quick ratio of 1.06, a current ratio of 1.62 and a debt-to-equity ratio of 8.48. Alamos Gold Inc. has a fifty-two week low of C$20.65 and a fifty-two week high of C$42.97. The firm has a market cap of C$10.80 billion, a PE ratio of 43.47, a P/E/G ratio of -2.10 and a beta of 1.10. The company has a 50-day simple moving average of C$37.18 and a 200-day simple moving average of C$32.79.

Analysts Set New Price Targets

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

About Alamos Gold

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.