Alamos Gold Inc (AGI) Insider Sells C$222,600.00 in Stock

Alamos Gold Inc (TSE:AGI) (NYSE:AGI) insider James Porter sold 20,000 shares of Alamos Gold stock in a transaction that occurred on Tuesday, March 21st. The shares were sold at an average price of C$11.13, for a total transaction of C$222,600.00.

Alamos Gold Inc (TSE:AGI) traded up 0.10% during trading on Thursday, reaching $10.33. 620,055 shares of the company traded hands. The firm’s 50 day moving average price is $10.40 and its 200 day moving average price is $10.03. Alamos Gold Inc has a 12-month low of $7.55 and a 12-month high of $13.65. The firm’s market capitalization is $3.09 billion.

The company also recently declared a dividend, which will be paid on Friday, April 28th. Shareholders of record on Friday, April 28th will be given a dividend of $0.01 per share. This represents a dividend yield of 0.09%. The ex-dividend date is Tuesday, April 11th.

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A number of brokerages recently issued reports on AGI. Desjardins lifted their price objective on shares of Alamos Gold from C$13.25 to C$13.50 in a research note on Thursday, March 9th. CIBC lifted their price objective on shares of Alamos Gold from C$13.00 to C$13.50 in a research note on Friday, February 24th. TD Securities boosted their target price on shares of Alamos Gold from C$11.50 to C$12.00 and gave the stock a “hold” rating in a research note on Friday, February 24th. Canaccord Genuity boosted their target price on shares of Alamos Gold from C$12.50 to C$14.00 and gave the stock a “buy” rating in a research note on Thursday, February 23rd. Finally, Scotiabank reaffirmed a “sector perform” rating and set a C$11.00 target price on shares of Alamos Gold in a research note on Thursday, February 23rd. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of C$12.38.

About Alamos Gold

Alamos Gold Inc is a Canada-based company, which is engaged in the acquisition, exploration, development and extraction of precious metals. The Company’s segments include Young-Davidson, Mulatos, El Chanate and Corporate/other. Its Corporate and other segment consists of exploration and development projects.

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