Insider Selling: Alamos Gold Inc. (TSE:AGI) Senior Officer Sells 10,000 Shares of Stock

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) Senior Officer Mario Luis Chavez – Martinez sold 10,000 shares of Alamos Gold stock in a transaction on Monday, April 29th. The shares were sold at an average price of C$21.08, for a total value of C$210,770.00.

Mario Luis Chavez – Martinez also recently made the following trade(s):

• On Wednesday, March 13th, Mario Luis Chavez – Martinez sold 30,000 shares of Alamos Gold stock. The shares were sold at an average price of C$18.66, for a total value of C$559,737.00.

Alamos Gold Stock Performance

Shares of Alamos Gold stock opened at C$20.54 on Friday. Alamos Gold Inc. has a 12 month low of C$14.80 and a 12 month high of C$22.00. The company has a current ratio of 2.36, a quick ratio of 1.06 and a debt-to-equity ratio of 0.04. The company has a market capitalization of C$8.15 billion, a PE ratio of 28.53, a PEG ratio of -2.10 and a beta of 0.97. The stock’s fifty day simple moving average is C$19.22 and its 200 day simple moving average is C$18.12.

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

Alamos Gold Cuts Dividend

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

Analysts Set New Price Targets

A number of research firms have issued reports on AGI. TD Securities upped their target price on shares of Alamos Gold from C$23.00 to C$24.00 and gave the company a “buy” rating in a research report on Thursday, March 28th. Haywood Securities raised their price objective on shares of Alamos Gold from C$20.00 to C$22.50 in a research note on Monday, April 1st. Jefferies Financial Group set a C$14.00 target price on shares of Alamos Gold and gave the company a “buy” rating in a research report on Thursday, February 29th. National Bankshares cut their price target on 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. Finally, National Bank Financial reaffirmed an “outperform overweight” rating on shares of Alamos Gold in a research note on Monday, April 8th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$22.55.

About Alamos Gold

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.