Alamos Gold (NYSE:AGI) announced a semiannual dividend on Wednesday, April 22nd,StockRatingsNetwork reports. Investors of record on Friday, May 15th will be paid a dividend of 0.03 per share on Friday, May 29th. This represents a dividend yield of 0.89%. The ex-dividend date is Wednesday, May 13th.
A number of research firms have recently commented on AGI. Analysts at TD Securities downgraded shares of Alamos Gold from a “buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Alamos Gold in a research note on Wednesday, April 1st. Analysts at Zacks downgraded shares of Alamos Gold from a “neutral” rating to an “underperform” rating and set a $5.50 price target on the stock in a research note on Friday, February 20th. Finally, analysts at Dundee Securities upgraded shares of Alamos Gold from a “neutral” rating to a “buy” rating in a research note on Monday, February 2nd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $8.88.
Shares of Alamos Gold (NYSE:AGI) traded down 5.47% during mid-day trading on Wednesday, hitting $6.74. 890,095 shares of the company’s stock traded hands. Alamos Gold has a 52 week low of $5.11 and a 52 week high of $10.55. The stock has a 50-day moving average of $6. and a 200-day moving average of $6.. The company’s market cap is $858.39 million.
Alamos Gold (NYSE:AGI) last released its earnings data on Thursday, February 19th. The company reported ($0.03) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.02) by $0.01. The company had revenue of $46.10 million for the quarter, compared to the consensus estimate of $58.30 million. The company’s quarterly revenue was down 14.3% on a year-over-year basis. Analysts expect that Alamos Gold will post $-0.07 EPS for the current fiscal year.
Alamos Gold Inc is a Canada-based mid-tier gold producer. The Company owns and operates the Mulatos Mine, as well as the Esperanza, Agi Dagi, Kirazli and Camyurt gold development projects. The Mulatos mine is located within the 30,536 hectares Salamandra group of concessions in the state of Sonora in northwest Mexico.
Original Article: http://sleekmoney.com/alamos-gold-inc-agi-declares-semiannual-dividend-of-0-03/214244/
