Alamos Gold Inc to Issue Dividend of C$0.01 (AGI)
Alamos Gold Inc (TSE:AGI) declared a dividend on Wednesday, October 12th. Investors of record on Monday, October 31st will be paid a dividend of 0.01 per share on Monday, October 31st. This represents a dividend yield of 0.09%. The ex-dividend date is Wednesday, October 12th.
Alamos Gold (TSE:AGI) opened at 9.50 on Friday. The company has a 50 day moving average of $10.50 and a 200 day moving average of $9.87. The stock’s market capitalization is $2.54 billion. Alamos Gold has a 52 week low of $3.27 and a 52 week high of $13.65.
AGI has been the subject of several recent analyst reports. National Bank Financial upgraded Alamos Gold from a “sector perform market weight” rating to an “outperform market weight” rating in a research note on Sunday, June 26th. Canaccord Genuity dropped their price target on Alamos Gold from C$14.00 to C$9.50 in a research note on Tuesday, July 12th. Desjardins downgraded Alamos Gold from a “buy” rating to a “hold” rating in a research note on Wednesday, July 13th. TD Securities upped their price target on Alamos Gold from C$10.00 to C$11.50 and gave the stock a “hold” rating in a research note on Thursday, August 11th. Finally, Mackie upped their price target on Alamos Gold from C$11.25 to C$11.50 and gave the stock a “hold” rating in a research note on Wednesday, September 21st. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Alamos Gold presently has an average rating of “Buy” and a consensus target price of C$9.54.
Alamos Gold Company Profile
Alamos Gold Inc is a Canada-based mid-tier gold producer. The Company is engaged in the acquisition, exploration, development and extraction of precious metals. It is engaged in the exploration and development activities in Mexico, Turkey and the United States. It owns and operates the Mulatos mine in Mexico and holds the mineral rights to the Salamandra group of concessions in the State of Sonora, Mexico, which includes several satellite gold occurrences.
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