Shares last traded at $6.32 a tad below the 50 day moving average of $6.96 and which is quite a bit below the 200 day moving average of $7.12. The 50 day moving average went down by -9.16% and the 200 day average went down by -11.26%. Alamos Gold Inc. Class A shares had a trading volume of 1,537K on Tuesday. Volume was down 15.84% under the stocks average daily volume.
Traders are feeling more bearish on shares of Alamos Gold Inc. Class A lately if you take a look at the uptick in short interest. The company experienced a rise in short interest from September 29, 2017 to October 13, 2017 of 11.29%. Short shares grew 731,474 over that period. The short-interest ratio decreased to 4.0 and the percentage of shorted shares is 0.02% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (AGI). Cutler Group LP expanded its investment by buying 19,609 shares an increase of 6,738.5%. Cutler Group LP now holds 19,900 shares with a value of $4,000. The value of the position overall is up by 100.0%. As of the end of the quarter Exane Derivatives had sold 27,746 shares trimming its holdings by 27.6%. The value of the investment in Alamos Gold Inc. Class A went from $720,551,000 to $490,891,000 a change of $229,660,000 quarter over quarter.
Oxbow Advisors, LLC grew its holdings by buying 11,605 shares an increase of 80.2% as of 09/30/2017. Oxbow Advisors, LLC now controls 26,072 shares worth $176,000. The total value of its holdings increased 69.2%. As of quarter end Raymond James Financial Services Advisors, Inc. had acquired a total of 1,050 shares growing its stake by 5.2%. The value of the total investment in Alamos Gold Inc. Class A decreased from $144,000 to $143,000 decreasing 0.7% for the reporting period.
The company is now down from yesterday’s close of $6.32. Alamos Gold Inc. Class A also recently declared a dividend that was paid on Tue Oct 31, 2017. The dividend was $0.005 per share for the quarter or $0.02 on an annualized basis. The dividend yield was $0.32. The ex-dividend date was Friday the 13th of October 2017.
In the last earnings report the EPS was $-0.05 and is projected to be $0.10 for the current year with 300,616,000 shares outstanding. Analysts expect next quarter’s EPS will be $0.04 and the next full year EPS is projected to be $0.12.
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 holds interests in the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada; the Mulatos mine located within the Salamandra Concessions in the Sierra Madre Occidental mountain range in the east-central portion of the State of Sonora, Mexico; and the El Chanate mine that comprises 22 mineral concessions covering 4,618 hectares situated in the State of Sonora, Mexico. It also holds interests in a portfolio of development stage projects in Mexico, Turkey, Canada, and the United States. The company was formerly known as AuRico Gold Inc. and changed its name to Alamos Gold Inc. in July 2015. Alamos Gold Inc. is headquartered in Toronto, Canada..