Alamos Gold Inc (AGI) to Release Quarterly Earnings on Thursday
Alamos Gold Inc (TSE:AGI) (NYSE:AGI) is set to announce its earnings results before the market opens on Thursday, November 2nd. Analysts expect the company to announce earnings of C$0.05 per share for the quarter.
Shares of Alamos Gold Inc (AGI) opened at 8.33 on Thursday. Alamos Gold Inc has a 1-year low of $7.86 and a 1-year high of $11.83. The firm’s 50 day moving average is $8.87 and its 200-day moving average is $9.26. The company’s market cap is $2.50 billion.
The business also recently declared a Semi-Annual dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Monday, October 16th will be issued a $0.01 dividend. This represents a dividend yield of 0.12%. The ex-dividend date is Friday, October 13th.
In related news, insider Colin Webster sold 15,000 shares of the stock in a transaction on Thursday, August 10th. The shares were sold at an average price of C$10.02, for a total transaction of C$150,300.00. Also, insider James Porter bought 10,000 shares of Alamos Gold stock in a transaction that occurred on Wednesday, September 13th. The shares were acquired at an average cost of C$8.91 per share, for a total transaction of C$89,100.00.
AGI has been the topic of a number of research analyst reports. TD Securities increased their price target on shares of Alamos Gold from C$12.50 to C$13.50 and gave the stock a “buy” rating in a report on Friday, August 4th. Raymond James Financial, Inc. decreased their price target on shares of Alamos Gold from C$12.50 to C$12.00 in a report on Monday. Finally, National Bank Financial reissued an “outperform market weight” rating on shares of Alamos Gold in a report on Sunday, July 23rd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Alamos Gold presently has an average rating of “Buy” and an average target price of C$12.97.
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About Alamos Gold
Alamos Gold Inc is a Canada-based company, which is engaged in the acquisition, exploration, development and extraction of precious metals. The Company’s segments include Young-Davidson, Mulatos, El Chanate and Corporate/other. Its Corporate and other segment consists of exploration and development projects.
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