Trade Report: Today, Alamos Gold Inc (AGI) to Issue Dividend of C$0.01

Today, Alamos Gold Inc (AGI) to Issue Dividend of C$0.01

Alamos Gold Inc (TSE:AGI) declared a dividend on Wednesday, October 12th. Shareholders of record on Monday, October 31st will be paid a dividend of 0.01 per share on Monday, October 31st. This represents a yield of 0.09%. The ex-dividend date is Wednesday, October 12th.

Alamos Gold (TSE:AGI) opened at 9.50 on Friday. The firm’s market capitalization is $2.54 billion. Alamos Gold has a one year low of $3.27 and a one year high of $13.65. The firm has a 50-day moving average price of $10.50 and a 200 day moving average price of $9.87.

Several research analysts have recently issued reports on the stock. Canaccord Genuity decreased their price objective on shares of Alamos Gold from C$14.00 to C$9.50 in a report on Tuesday, July 12th. Desjardins cut shares of Alamos Gold from a “buy” rating to a “hold” rating in a report on Wednesday, July 13th. National Bank Financial cut shares of Alamos Gold from an “outperform” rating to a “sector perform” rating and raised their target price for the stock from C$12.00 to C$13.00 in a report on Wednesday, July 13th. CIBC raised their target price on shares of Alamos Gold from C$12.50 to C$13.50 in a report on Tuesday, September 13th. Finally, TD Securities raised their target price on shares of Alamos Gold from C$10.00 to C$11.50 and gave the stock a “hold” rating in a report on Thursday, August 11th. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of C$9.54.

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