Alamos Gold Inc. (NYSE:AGI) Shares Sold by Triasima Portfolio Management inc.

Triasima Portfolio Management inc. trimmed its position in Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) by 3.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 596,373 shares of the basic materials company’s stock after selling 20,354 shares during the quarter. Alamos Gold comprises 2.1% of Triasima Portfolio Management inc.’s investment portfolio, making the stock its 8th biggest position. Triasima Portfolio Management inc.’s holdings in Alamos Gold were worth $10,997,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of AGI. Kercheville Advisors LLC raised its position in shares of Alamos Gold by 21.3% during the 4th quarter. Kercheville Advisors LLC now owns 106,550 shares of the basic materials company’s stock valued at $1,965,000 after buying an additional 18,700 shares during the period. Murphy Pohlad Asset Management LLC raised its position in Alamos Gold by 6.9% in the fourth quarter. Murphy Pohlad Asset Management LLC now owns 159,150 shares of the basic materials company’s stock valued at $2,935,000 after purchasing an additional 10,290 shares during the period. R Squared Ltd purchased a new position in shares of Alamos Gold during the 4th quarter worth $61,000. Accordant Advisory Group Inc purchased a new position in shares of Alamos Gold during the 4th quarter worth $699,000. Finally, Blue Trust Inc. increased its position in shares of Alamos Gold by 155.7% during the 4th quarter. Blue Trust Inc. now owns 1,900 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 1,157 shares during the last quarter. 64.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. National Bank Financial raised shares of Alamos Gold from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, December 3rd. StockNews.com lowered shares of Alamos Gold from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 22nd. Six analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $25.06.

Alamos Gold Stock Performance

Shares of Alamos Gold stock opened at $22.25 on Friday. The stock has a market capitalization of $9.35 billion, a price-to-earnings ratio of 37.08, a price-to-earnings-growth ratio of 0.62 and a beta of 1.16. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.62 and a quick ratio of 0.97. The business has a 50-day moving average of $19.41 and a 200 day moving average of $19.23. Alamos Gold Inc. has a 12 month low of $11.24 and a 12 month high of $22.62.

Alamos Gold (NYSE:AGI) (TSE:AGI) last posted its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.03). The business had revenue of $360.90 million during the quarter. Alamos Gold had a net margin of 19.89% and a return on equity of 8.85%. As a group, sell-side analysts forecast that Alamos Gold Inc. will post 0.81 earnings per share for the current year.

Alamos Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.10 annualized dividend and a yield of 0.45%. Alamos Gold’s dividend payout ratio is presently 16.67%.

Alamos Gold Company Profile

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.