Alamos Gold Inc (TSE:AGI) (NYSE:AGI) Director John Mccluskey sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of C$9.25, for a total value of C$925,000.00. Following the completion of the transaction, the director now owns 473,262 shares in the company, valued at approximately C$4,377,673.50.
Alamos Gold stock opened at C$9.33 on Thursday. Alamos Gold Inc has a 12 month low of C$3.88 and a 12 month high of C$10.12. The company has a current ratio of 2.91, a quick ratio of 1.82 and a debt-to-equity ratio of 0.08. The business’s 50 day simple moving average is C$8.85 and its 200 day simple moving average is C$7.15. The company has a market cap of $3.73 billion and a price-to-earnings ratio of -135.22.
AGI has been the topic of a number of research analyst reports. Raymond James restated a “market perform” rating and issued a C$10.00 target price on shares of Alamos Gold in a research note on Thursday, August 1st. Canaccord Genuity boosted their target price on Alamos Gold from C$9.50 to C$11.00 in a research note on Friday, July 19th. Bank of America boosted their target price on Alamos Gold from C$9.80 to C$10.55 in a research note on Friday, August 16th. National Bank Financial boosted their target price on Alamos Gold from C$9.25 to C$9.75 and gave the stock a “sector perform” rating in a research note on Wednesday, August 14th. Finally, CIBC boosted their target price on Alamos Gold from C$9.00 to C$10.50 in a research note on Monday, July 15th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Alamos Gold currently has an average rating of “Hold” and an average target price of C$10.16.
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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