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

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

Alamos Gold Stock Performance

TSE:AGI opened at C$26.06 on Thursday. The business’s fifty day moving average is C$27.10 and its 200 day moving average is C$25.23. The firm has a market cap of C$10.94 billion, a price-to-earnings ratio of 38.32, a PEG ratio of -2.10 and a beta of 1.10. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.06 and a current ratio of 3.04. Alamos Gold Inc. has a 52-week low of C$15.27 and a 52-week high of C$29.66.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its quarterly earnings results on Wednesday, November 6th. The company reported C$0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.30 by C($0.04). The firm had revenue of C$492.35 million during the quarter. Alamos Gold had a return on equity of 6.72% and a net margin of 17.72%. Research analysts predict that Alamos Gold Inc. will post 1.4774775 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in 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 report on Tuesday, December 3rd. CIBC increased their target price on shares of Alamos Gold from C$38.00 to C$40.00 in a research report on Monday, December 2nd. BMO Capital Markets lifted their price target on shares of Alamos Gold from C$27.00 to C$31.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Finally, National Bank Financial raised Alamos Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Alamos Gold has an average rating of “Buy” and a consensus 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.