Alamos Gold Inc. (TSE:AGI) Declares Quarterly Dividend of $0.03

Alamos Gold Inc. (TSE:AGIGet Rating) (NYSE:AGI) announced a quarterly dividend on Tuesday, November 22nd, Zacks reports. Shareholders of record on Tuesday, December 6th will be given a dividend of 0.034 per share on Tuesday, December 20th. This represents a $0.14 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Monday, December 5th. This is an increase from Alamos Gold’s previous quarterly dividend of $0.03.

Alamos Gold Price Performance

AGI stock opened at C$12.62 on Wednesday. The company has a current ratio of 2.40, a quick ratio of 1.06 and a debt-to-equity ratio of 0.11. Alamos Gold has a one year low of C$8.30 and a one year high of C$12.66. The firm has a market capitalization of C$4.95 billion and a PE ratio of 157.75. The firm has a 50-day moving average of C$10.59 and a two-hundred day moving average of C$9.95.

Analyst Ratings Changes

A number of research firms have recently issued reports on AGI. CIBC increased their price target on shares of 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 shares of Alamos Gold from C$12.50 to C$13.00 in a research report on Thursday, October 13th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$12.23.

Insider Buying and Selling

In other Alamos Gold news, Director John Mccluskey sold 120,000 shares of Alamos Gold stock in a transaction on Friday, September 30th. The stock was sold at an average price of C$10.25, for a total transaction of C$1,230,000.00. Following the completion of the transaction, the director now directly owns 694,944 shares of the company’s stock, valued at C$7,123,176. In other news, Director John Mccluskey sold 120,000 shares of the firm’s stock in a transaction on Friday, September 30th. The stock was sold at an average price of C$10.25, for a total value of C$1,230,000.00. Following the completion of the sale, the director now directly owns 694,944 shares in the company, valued at C$7,123,176. Also, Senior Officer Christine Barwell sold 3,166 shares of Alamos Gold stock in a transaction dated Tuesday, November 8th. The stock was sold at an average price of C$11.34, for a total value of C$35,902.44. Following the completion of the sale, the insider now owns 39,858 shares of the company’s stock, valued at C$451,989.72. Insiders sold a total of 337,333 shares of company stock valued at $3,677,456 over the last ninety days.

About Alamos Gold

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Alamos gold holding oorperatief u.a. operates as a subsidiary of Alamos Gold Inc

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Dividend History for Alamos Gold (TSE:AGI)

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