Alamos Gold Inc. (TSE:AGI) Senior Officer Sells C$264,571.21 in Stock

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) Senior Officer Colin Webster sold 7,041 shares of the business’s stock in a transaction dated Friday, May 9th. The shares were sold at an average price of C$37.58, for a total value of C$264,571.21.

Alamos Gold Price Performance

Shares of Alamos Gold stock opened at C$33.26 on Thursday. The business has a 50 day simple moving average of C$37.49 and a two-hundred day simple moving average of C$31.74. Alamos Gold Inc. has a 12 month low of C$20.65 and a 12 month high of C$42.97. The stock has a market capitalization of C$9.84 billion, a P/E ratio of 39.60, a PEG ratio of -2.10 and a beta of 1.10. The company has a debt-to-equity ratio of 8.48, a current ratio of 1.62 and a quick ratio of 1.06.

Analyst Ratings Changes

Several brokerages have recently issued reports on AGI. National Bank Financial raised Alamos Gold to a “strong-buy” rating in a report on Friday, March 21st. TD Securities reduced their price target on Alamos Gold from C$48.00 to C$45.00 and set a “buy” rating for the company in a report on Friday, May 2nd. National Bankshares upped their price target on Alamos Gold from C$38.00 to C$46.00 and gave the stock an “outperform” rating in a report on Wednesday, March 19th. CIBC upped their price target on Alamos Gold from C$46.00 to C$48.00 in a report on Thursday, April 17th. Finally, Canaccord Genuity Group upped their price target on Alamos Gold from C$39.00 to C$44.00 and gave the stock a “buy” rating in a report on Monday, April 7th. Five analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Alamos Gold presently has a consensus rating of “Buy” and a consensus target price of C$40.50.

Alamos Gold Company Profile

Alamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating mines in North America: the Young-Davidson Mine in Canada and the Mulatos and El Chanate Mines in Sonora, Mexico. The Young-Davidson mine is the group’s largest revenue contributor, and the property also holds mineral leases and claims covering approximately 11,000 acres.