John Mccluskey Sells 100,000 Shares of Alamos Gold Inc. (TSE:AGI) Stock

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) Director John Mccluskey sold 100,000 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of C$20.82, for a total transaction of C$2,082,000.00.

Alamos Gold Trading Up 0.4 %

Shares of Alamos Gold stock opened at C$20.54 on Friday. The company has a market capitalization of C$8.15 billion, a price-to-earnings ratio of 28.53, a PEG ratio of -2.10 and a beta of 0.97. The company has a quick ratio of 1.06, a current ratio of 2.36 and a debt-to-equity ratio of 0.04. Alamos Gold Inc. has a 12-month low of C$14.80 and a 12-month high of C$22.00. The firm’s 50-day moving average price is C$19.22 and its two-hundred day moving average price is C$18.12.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its quarterly earnings data on Wednesday, April 24th. The company reported C$0.18 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.18. The firm had revenue of C$374.24 million for the quarter. Alamos Gold had a net margin of 20.52% and a return on equity of 7.44%. On average, analysts forecast that Alamos Gold Inc. will post 0.7762158 earnings per share for the current fiscal year.

Alamos Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 14th were paid a dividend of $0.034 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.14 dividend on an annualized basis and a yield of 0.66%. Alamos Gold’s payout ratio is 19.44%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Royal Bank of Canada raised shares of Alamos Gold from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from C$12.00 to C$16.00 in a research report on Thursday, January 11th. National Bank Financial restated an “outperform overweight” rating on shares of Alamos Gold in a research note on Monday, April 8th. TD Securities upped their price target on shares of Alamos Gold from C$23.00 to C$24.00 and gave the company a “buy” rating in a research note on Thursday, March 28th. Jefferies Financial Group set a C$14.00 price target on shares of Alamos Gold and gave the company a “buy” rating in a research note on Thursday, February 29th. Finally, National Bankshares decreased their price target on shares of Alamos Gold from C$27.00 to C$26.50 and set an “outperform” rating on the stock in a research note on Friday, April 26th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$22.55.

Alamos Gold Company Profile

Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.