Scott Russell Gordon Parsons Sells 13,334 Shares of Alamos Gold Inc. (TSE:AGI) Stock

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) Senior Officer Scott Russell Gordon Parsons sold 13,334 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The stock was sold at an average price of C$21.48, for a total value of C$286,414.32.

Alamos Gold Stock Down 0.7 %

TSE AGI opened at C$21.46 on Friday. Alamos Gold Inc. has a 1-year low of C$14.80 and a 1-year high of C$23.60. The company has a market cap of C$8.54 billion, a price-to-earnings ratio of 30.23, a PEG ratio of -2.10 and a beta of 1.05. The company has a current ratio of 2.79, a quick ratio of 1.06 and a debt-to-equity ratio of 0.04. The company has a 50 day moving average of C$21.75 and a 200-day moving average of C$19.18.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its quarterly earnings data on Wednesday, April 24th. The company reported C$0.18 EPS for the quarter, meeting the consensus estimate of C$0.18. Alamos Gold had a net margin of 19.41% and a return on equity of 7.12%. The business had revenue of C$374.24 million during the quarter. On average, equities research analysts expect that Alamos Gold Inc. will post 0.9497925 earnings per share for the current fiscal year.

Alamos Gold Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 27th. Shareholders of record on Thursday, June 13th were given a dividend of $0.034 per share. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $0.14 annualized dividend and a yield of 0.63%. Alamos Gold’s dividend payout ratio is currently 19.72%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on AGI shares. National Bank Financial restated an “outperform overweight” rating on shares of Alamos Gold in a report on Monday, April 8th. Canaccord Genuity Group boosted their price objective on Alamos Gold from C$23.00 to C$25.00 in a report on Tuesday, April 23rd. National Bankshares reduced their price objective on Alamos Gold from C$27.00 to C$26.50 and set an “outperform” rating for the company in a report on Friday, April 26th. TD Securities boosted their price objective on Alamos Gold from C$23.00 to C$24.00 and gave the stock a “buy” rating in a report on Thursday, March 28th. Finally, BMO Capital Markets boosted their price objective on Alamos Gold from C$23.00 to C$26.00 and gave the stock an “outperform” rating in a report on Thursday, March 28th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average 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.