Alamos Gold Inc (NYSE:AGI) Announces $0.01 Quarterly Dividend
Alamos Gold Inc (NYSE:AGI) (TSE:AGI) announced a quarterly dividend on Friday, November 22nd, Zacks reports. Stockholders of record on Friday, December 6th will be given a dividend of 0.01 per share by the basic materials company on Friday, December 20th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, December 5th.
Shares of AGI stock opened at $5.66 on Tuesday. The stock’s fifty day moving average price is $5.33 and its 200 day moving average price is $5.94. Alamos Gold has a 1-year low of $2.90 and a 1-year high of $7.78. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 113.20 and a beta of 0.22.
Alamos Gold (NYSE:AGI) (TSE:AGI) last released its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. The company had revenue of $172.90 million during the quarter, compared to analysts’ expectations of $184.13 million. Alamos Gold had a positive return on equity of 2.12% and a negative net margin of 2.03%. The firm’s revenue for the quarter was up 17.9% on a year-over-year basis. Sell-side analysts predict that Alamos Gold will post 0.21 EPS for the current year.
About Alamos Gold
Alamos Gold Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company's flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada.
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