Alamos Gold Inc Announces Semi-Annual Dividend of $0.01 (AGI)
Alamos Gold Inc (TSE:AGI) (NYSE:AGI) announced a Semi-Annual dividend on Friday, September 29th, Zacks reports. Shareholders of record on Monday, October 16th will be given a dividend of 0.01 per share on Tuesday, October 31st. This represents a dividend yield of 0.12%. The ex-dividend date of this dividend is Friday, October 13th.
Shares of Alamos Gold (TSE:AGI) opened at 8.86 on Friday. The firm’s 50 day moving average is $9.28 and its 200-day moving average is $9.46. Alamos Gold has a 1-year low of $7.86 and a 1-year high of $11.86. The company’s market cap is $2.66 billion.
AGI has been the topic of a number of research analyst reports. National Bank Financial reissued an “outperform market weight” rating on shares of Alamos Gold in a report on Sunday, July 23rd. TD Securities increased their price target on shares of Alamos Gold from C$12.50 to C$13.50 and gave the stock a “buy” rating in a report on Friday, August 4th. Finally, Raymond James Financial, Inc. increased their price target on shares of Alamos Gold from C$12.00 to C$12.50 and gave the stock an “outperform” rating in a report on Thursday, September 14th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Alamos Gold currently has a consensus rating of “Buy” and an average target price of C$13.03.
In related news, insider Colin Webster sold 15,000 shares of the stock in a transaction on Thursday, August 10th. The shares were sold at an average price of C$10.02, for a total transaction of C$150,300.00. Also, insider James Porter bought 10,000 shares of Alamos Gold stock in a transaction that occurred on Wednesday, September 13th. The shares were acquired at an average cost of C$8.91 per share, for a total transaction of C$89,100.00.
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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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