Alamos Gold Inc. $AGI Stock Position Raised by Terril Brothers Inc.

Terril Brothers Inc. boosted its position in shares of Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) by 61.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 379,930 shares of the basic materials company’s stock after purchasing an additional 144,130 shares during the period. Alamos Gold comprises about 1.5% of Terril Brothers Inc.’s investment portfolio, making the stock its 12th biggest position. Terril Brothers Inc. owned 0.09% of Alamos Gold worth $12,306,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Parallel Advisors LLC bought a new stake in Alamos Gold during the first quarter worth about $35,000. Mather Group LLC. bought a new position in shares of Alamos Gold in the third quarter valued at approximately $29,000. Versant Capital Management Inc raised its stake in shares of Alamos Gold by 258.0% in the third quarter. Versant Capital Management Inc now owns 1,228 shares of the basic materials company’s stock valued at $40,000 after acquiring an additional 885 shares during the last quarter. Sunbelt Securities Inc. acquired a new position in shares of Alamos Gold in the 1st quarter worth approximately $59,000. Finally, CoreCap Advisors LLC boosted its holdings in shares of Alamos Gold by 146.8% in the 3rd quarter. CoreCap Advisors LLC now owns 1,900 shares of the basic materials company’s stock worth $62,000 after acquiring an additional 1,130 shares in the last quarter. 64.33% of the stock is currently owned by institutional investors and hedge funds.

Alamos Gold Stock Performance

Shares of Alamos Gold stock opened at $28.76 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.01 and a quick ratio of 1.62. The firm has a 50 day simple moving average of $32.59 and a 200 day simple moving average of $37.65. Alamos Gold Inc. has a fifty-two week low of $26.92 and a fifty-two week high of $55.41. The firm has a market cap of $12.04 billion, a P/E ratio of 14.29, a P/E/G ratio of 0.48 and a beta of 0.63.

Alamos Gold (NYSE:AGI) (TSE:AGI) last posted its quarterly earnings data on Wednesday, October 28th. The basic materials company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.01). The firm had revenue of $510.40 million for the quarter, compared to analyst estimates of $551.03 million. Alamos Gold had a return on equity of 18.95% and a net margin of 46.66%. During the same period in the prior year, the company posted $0.37 EPS. Sell-side analysts predict that Alamos Gold Inc. will post 2.06 earnings per share for the current fiscal year.

Alamos Gold Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th were given a dividend of $0.04 per share. The ex-dividend date was Thursday, September 10th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.6%. Alamos Gold’s payout ratio is presently 6.37%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. BMO Capital Markets reaffirmed an “outperform” rating on shares of Alamos Gold in a report on Thursday, October 29th. Wall Street Zen cut Alamos Gold from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Zacks Research upgraded Alamos Gold from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $42.00 price target on shares of Alamos Gold in a report on Wednesday, September 16th. Finally, Weiss Ratings upgraded shares of Alamos Gold from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $47.50.

Alamos Gold Profile

Alamos Gold Inc. is a Canadian gold producer that explores for, develops and operates gold mines. The company’s operations are concentrated in Canada and Mexico, and it also advances exploration and development projects. Its operating assets include the Island Gold and Young-Davidson mines in Ontario, the Magino mine in Ontario, and the Mulatos mine in Sonora, Mexico. Alamos produces gold and works to expand its mineral resources through exploration and mine development. Founded in 2003, Alamos grew through acquisitions, including the additions of Young-Davidson and Island Gold.