Alamos Gold (TSE:AGI – Get Free Report) (NYSE:AGI) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, July 26th. Analysts expect the company to announce earnings of C$0.13 per share for the quarter.
Alamos Gold (TSE:AGI – Get Free Report) (NYSE:AGI) last posted its quarterly earnings data on Wednesday, April 26th. The company reported C$0.16 EPS for the quarter, beating analysts’ consensus estimates of C$0.11 by C$0.05. Alamos Gold had a net margin of 10.58% and a return on equity of 3.42%. The business had revenue of C$340.10 million for the quarter.
Alamos Gold Price Performance
TSE AGI opened at C$17.06 on Wednesday. Alamos Gold has a 12 month low of C$8.74 and a 12 month high of C$19.18. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.47 and a quick ratio of 1.06. The firm has a market capitalization of C$6.74 billion, a PE ratio of 56.87, a P/E/G ratio of -2.10 and a beta of 1.01. The company’s 50 day simple moving average is C$16.47 and its 200 day simple moving average is C$15.88.
Alamos Gold Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 29th. Stockholders of record on Thursday, June 15th were given a dividend of $0.034 per share. This is a positive change from Alamos Gold’s previous quarterly dividend of $0.03. The ex-dividend date was Wednesday, June 14th. This represents a $0.14 annualized dividend and a dividend yield of 0.80%. Alamos Gold’s dividend payout ratio (DPR) is 43.33%.
Analyst Ratings Changes
Several research analysts have issued reports on the stock. National Bank Financial lifted their price target on shares of Alamos Gold from C$18.25 to C$21.50 in a research report on Tuesday, April 18th. National Bankshares lifted their target price on Alamos Gold from C$18.25 to C$21.50 in a report on Tuesday, April 18th. Bank of America upped their price target on Alamos Gold from C$12.00 to C$13.00 in a research report on Wednesday, April 5th. TD Securities downgraded Alamos Gold from a “buy” rating to a “hold” rating and raised their price target for the stock from C$19.00 to C$21.00 in a research note on Wednesday, April 19th. Finally, CIBC increased their price objective on Alamos Gold from C$22.00 to C$24.00 in a report on Thursday, April 27th.
Insider Buying and Selling at Alamos Gold
In other news, Director Monique Mercier sold 14,456 shares of the company’s stock in a transaction dated Monday, June 5th. The stock was sold at an average price of C$16.59, for a total value of C$239,832.27. Corporate insiders own 0.29% of the company’s stock.
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 and silver 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.