Insider Selling: Alamos Gold Inc. (TSE:AGI) Senior Officer Sells 14,167 Shares of Stock
Alamos Gold Inc. (TSE:AGI – Get Rating) (NYSE:AGI) Senior Officer Mario Luis Chavez – Martinez sold 14,167 shares of the stock in a transaction on Friday, December 23rd. The stock was sold at an average price of C$13.70, for a total value of C$194,077.98. Following the completion of the sale, the insider now directly owns 86,994 shares in the company, valued at C$1,191,756.90.
Mario Luis Chavez – Martinez also recently made the following trade(s):
- On Wednesday, December 21st, Mario Luis Chavez – Martinez sold 40,000 shares of Alamos Gold stock. The stock was sold at an average price of C$13.67, for a total value of C$546,716.00.
Alamos Gold Stock Performance
Shares of TSE:AGI traded down C$0.03 on Friday, hitting C$13.61. The company’s stock had a trading volume of 421,963 shares, compared to its average volume of 788,824. Alamos Gold Inc. has a 12 month low of C$8.30 and a 12 month high of C$14.04. The company has a market capitalization of C$5.35 billion and a price-to-earnings ratio of 170.88. The stock’s 50-day moving average is C$12.02 and its two-hundred day moving average is C$10.51. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.06 and a current ratio of 2.40.
Alamos Gold (TSE:AGI – Get Rating) (NYSE:AGI) last announced its earnings results on Wednesday, October 26th. The company reported C$0.09 earnings per share for the quarter, missing the consensus estimate of C$0.10 by C($0.01). The company had revenue of C$278.71 million during the quarter. On average, equities research analysts forecast that Alamos Gold Inc. will post 0.47 EPS for the current year.
Alamos Gold Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 20th. Investors of record on Tuesday, December 6th were paid a dividend of $0.034 per share. The ex-dividend date was Monday, December 5th. This represents a $0.14 annualized dividend and a yield of 1.00%. This is a boost from Alamos Gold’s previous quarterly dividend of $0.03. Alamos Gold’s dividend payout ratio (DPR) is currently 93.75%.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on AGI shares. CIBC increased their target price on Alamos Gold from C$13.00 to C$15.00 and gave the stock an “outperform” rating in a research report on Thursday, October 27th. National Bankshares increased their price target on Alamos Gold from C$13.00 to C$15.00 in a research note on Wednesday, November 30th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$12.51.
About Alamos Gold
Alamos gold holding oorperatief u.a. operates as a subsidiary of Alamos Gold Inc
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