John Mccluskey Sells 4,800 Shares of Alamos Gold Inc. (TSE:AGI) Stock

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) Director John Mccluskey sold 4,800 shares of the business’s stock in a transaction that occurred on Wednesday, June 19th. The stock was sold at an average price of C$21.38, for a total transaction of C$102,624.00.

John Mccluskey also recently made the following trade(s):

• On Friday, May 17th, John Mccluskey sold 30,000 shares of Alamos Gold stock. The shares were sold at an average price of C$23.20, for a total value of C$696,000.00.
• On Tuesday, May 7th, John Mccluskey sold 20,000 shares of Alamos Gold stock. The stock was sold at an average price of C$21.00, for a total value of C$420,000.00.
• On Monday, April 29th, John Mccluskey sold 100,000 shares of Alamos Gold stock. The stock was sold at an average price of C$20.82, for a total transaction of C$2,082,000.00.

Alamos Gold Stock Down 0.9 %

Shares of AGI stock opened at C$21.55 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.79 and a quick ratio of 1.06. Alamos Gold Inc. has a one year low of C$14.80 and a one year high of C$23.60. The company’s fifty day moving average price is C$21.67 and its 200-day moving average price is C$19.08. The company has a market capitalization of C$8.58 billion, a price-to-earnings ratio of 30.35, a PEG ratio of -2.10 and a beta of 1.05.

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 return on equity of 7.12% and a net margin of 19.41%. The business had revenue of C$374.24 million for the quarter. Sell-side analysts expect that Alamos Gold Inc. will post 0.9497925 EPS for the current fiscal year.

Alamos Gold Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AGI. Jefferies Financial Group set a C$14.00 target price on shares of Alamos Gold and gave the stock a “buy” rating in a report on Thursday, February 29th. TD Securities raised their target price on Alamos Gold from C$23.00 to C$24.00 and gave the stock a “buy” rating in a research report on Thursday, March 28th. National Bankshares reduced their price target on shares of Alamos Gold from C$27.00 to C$26.50 and set an “outperform” rating for the company in a research report on Friday, April 26th. Bank of America upgraded shares of Alamos Gold from a “neutral” rating to a “buy” rating and boosted their target price for the company from C$21.75 to C$27.75 in a research report on Tuesday, April 9th. Finally, National Bank Financial reiterated an “outperform overweight” rating on shares of Alamos Gold in a research report on Monday, April 8th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price 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.