Alamos Gold Inc. (TSE:AGI) Director David Alexander Fleck Buys 2,000 Shares

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) Director David Alexander Fleck acquired 2,000 shares of the stock in a transaction dated Wednesday, December 18th. The shares were bought at an average cost of C$26.85 per share, with a total value of C$53,700.00.

Alamos Gold Stock Performance

Shares of AGI traded down C$1.31 during midday trading on Wednesday, reaching C$26.01. 657,467 shares of the stock were exchanged, compared to its average volume of 716,593. Alamos Gold Inc. has a twelve month low of C$15.27 and a twelve month high of C$29.66. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.04 and a quick ratio of 1.06. The company has a market capitalization of C$10.92 billion, a price-to-earnings ratio of 38.25, a PEG ratio of -2.10 and a beta of 1.10. The business’s 50-day moving average price is C$27.11 and its 200 day moving average price is C$25.21.

Alamos Gold (TSE:AGI) (NYSE:AGI) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$0.26 EPS for the quarter, missing the consensus estimate of C$0.30 by C($0.04). The firm had revenue of C$492.35 million for the quarter. Alamos Gold had a return on equity of 6.72% and a net margin of 17.72%. On average, sell-side analysts expect that Alamos Gold Inc. will post 1.4774775 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on AGI shares. National Bankshares upgraded shares of Alamos Gold from a “sector perform” rating to an “outperform” rating and set a C$35.00 price target for the company in a research note on Tuesday, December 3rd. National Bank Financial raised shares of Alamos Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. CIBC boosted their target price on shares of Alamos Gold from C$38.00 to C$40.00 in a research note on Monday, December 2nd. Finally, BMO Capital Markets raised their price target on Alamos Gold from C$27.00 to C$31.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. One investment analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Alamos Gold has an average rating of “Buy” and an average target price of C$26.50.

About Alamos Gold

Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.