Alamos Gold Inc (TSE:AGI) (NYSE:AGI) announced a quarterly dividend on Friday, November 22nd, Zacks reports. Stockholders of record on Friday, December 6th will be given a dividend of 0.013 per share on Friday, December 20th. This represents a $0.05 annualized dividend and a dividend yield of 0.69%. The ex-dividend date is Thursday, December 5th.
Shares of TSE:AGI opened at C$7.55 on Tuesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.93 and a current ratio of 3.05. The firm has a fifty day moving average price of C$7.04 and a 200 day moving average price of C$7.87. Alamos Gold has a fifty-two week low of C$3.88 and a fifty-two week high of C$10.12. The firm has a market cap of $2.90 billion and a price-to-earnings ratio of -209.72.
A number of analysts have issued reports on the stock. Bank of America lifted their price target on shares of Alamos Gold from C$9.80 to C$10.55 in a report on Friday, August 16th. BMO Capital Markets increased their price objective on shares of Alamos Gold from C$12.00 to C$18.50 in a report on Wednesday, September 11th. Raymond James set a C$10.50 price objective on shares of Alamos Gold and gave the company a “market perform” rating in a report on Thursday, October 31st. CIBC cut their price objective on Alamos Gold from C$11.25 to C$10.50 in a research report on Thursday, October 31st. Finally, National Bank Financial reduced their target price on Alamos Gold from C$10.50 to C$8.75 and set a “sector perform” rating on the stock in a report on Monday, November 18th.
Alamos Gold Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company's flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada.
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