Alamos Gold - AGI Stock Forecast, Price & News

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

Alamos Gold Stock Up 2.6 %

TSE:AGI traded up C$0.26 during trading hours on Friday, hitting C$10.36. The company had a trading volume of 336,640 shares, compared to its average volume of 810,651. Alamos Gold has a fifty-two week low of C$8.30 and a fifty-two week high of C$11.61. The company has a market capitalization of C$4.06 billion and a price-to-earnings ratio of 59.41. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.67 and a quick ratio of 1.14. The firm's 50 day moving average is C$9.53 and its 200 day moving average is C$9.77.

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

Alamos Gold Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Thursday, June 16th were paid a dividend of $0.032 per share. The ex-dividend date of this dividend was Wednesday, June 15th. This represents a $0.13 annualized dividend and a dividend yield of 1.24%. Alamos Gold's dividend payout ratio is presently 44.12%.

Analyst Ratings Changes

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

Insider Activity

In other Alamos Gold news, Director Paul Murphy bought 5,000 shares of the stock in a transaction dated Friday, June 17th. The stock was bought at an average cost of C$9.30 per share, for a total transaction of C$46,500.00. Following the completion of the purchase, the director now directly owns 30,000 shares of the company's stock, valued at C$279,000.