Alamos Gold Inc (AGI) Insider Peter Macphail Sells 32,341 Shares
Alamos Gold Inc (TSE:AGI) (NYSE:AGI) insider Peter Macphail sold 32,341 shares of Alamos Gold stock in a transaction on Friday, March 17th. The stock was sold at an average price of C$10.60, for a total transaction of C$342,814.60.
Alamos Gold Inc (TSE:AGI) traded down 1.47% during midday trading on Monday, reaching $10.73. 1,273,839 shares of the company traded hands. The company has a 50 day moving average of $10.27 and a 200-day moving average of $9.99. The stock’s market capitalization is $3.21 billion. Alamos Gold Inc has a 12-month low of $6.41 and a 12-month high of $13.65.
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A number of research firms have commented on AGI. Desjardins lifted their target price on shares of Alamos Gold from C$13.25 to C$13.50 in a report on Thursday, March 9th. CIBC lifted their target price on shares of Alamos Gold from C$13.00 to C$13.50 in a report on Friday, February 24th. TD Securities lifted 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 report on Friday, February 24th. Canaccord Genuity lifted 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 report 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 report on Thursday, February 23rd. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of C$11.48.
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 owns and operates the Young-Davidson mine in Canada. In addition, the Company owns the AgiDagi, Kirazli and Camyurt gold development projects in Turkey, the Lynn Lake gold project in Canada and the Esperanza gold project in Mexico.
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