Alamos Gold - AGI Stock Forecast, Price & News

Alamos gold holding oorperatief u.a. operates as a subsidiary of Alamos Gold Inc.

Analyst Ratings Changes

AGI has been the topic of several recent research reports. TD Securities cut their price objective on shares of Alamos Gold from C$16.50 to C$16.00 in a research report on Thursday, July 21st. Canaccord Genuity Group raised shares of Alamos Gold to a "buy" rating and set a C$12.00 price objective on the stock in a research report on Thursday, April 28th. National Bankshares cut their price objective on shares of Alamos Gold from C$13.00 to C$12.50 and set an "outperform" rating on the stock in a research report on Thursday, July 21st. Finally, Bank of America raised their price objective on shares of Alamos Gold from C$10.25 to C$10.60 and gave the company a "na" rating in a research report on Wednesday, June 29th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$11.83.

Alamos Gold Trading Down 1.3 %

TSE:AGI opened at C$10.23 on Tuesday. Alamos Gold has a 12 month low of C$8.30 and a 12 month high of C$11.61. The firm has a market cap of C$4.01 billion and a price-to-earnings ratio of 60.18. The company has a quick ratio of 1.14, a current ratio of 2.67 and a debt-to-equity ratio of 0.11. The company's 50 day moving average is C$9.55 and its 200-day moving average is C$9.81.

Alamos Gold (TSE:AGI - Get Rating) (NYSE:AGI) last released its quarterly earnings results on Wednesday, July 27th. The company reported C$0.09 EPS for the quarter, beating analysts' consensus estimates of C$0.08 by C$0.01. The firm had revenue of C$244.04 million during the quarter. Equities analysts anticipate that Alamos Gold will post 0.61 EPS for the current year.

Alamos Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Thursday, June 16th were given a dividend of $0.032 per share. This represents a $0.13 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend was Wednesday, June 15th. Alamos Gold's dividend payout ratio (DPR) is currently 44.12%.

Insider Buying and Selling

In related news, Director Paul Murphy bought 5,000 shares of the company's stock in a transaction that occurred on Friday, June 17th. The shares were acquired at an average price of C$9.30 per share, with a total value of C$46,500.00. Following the completion of the transaction, the director now owns 30,000 shares of the company's stock, valued at approximately C$279,000.