Alamos Gold Inc (USA)(NYSE:AGI) Declares Dividend of $0.0100.

Alamos Gold Inc (USA) (NYSE:AGI) had declared a cash dividend of $0.0100 on Sep 30, 2016. The shares will quote ex-dividend on Oct 12, 2016 and the record date has been fixed for Oct 14, 2016. On Sep 30, 2016 share price, the yield comes out to be 0.2410%. The dividend payable date has been fixed on Oct 31, 2016.

In a different note, On Aug 11, 2016, Desjardins said it Upgrades its rating on Alamos Gold Inc (USA). The shares have been rated ‘Buy’ by the firm. On Jul 12, 2016, Bank of America said it Reinstates its rating on Alamos Gold Inc (USA). The shares have been rated ‘Buy’ by the firm.

Alamos Gold Inc (USA) (AGI) shares turned negative on Tuesdays trading session with the shares closing down -0.9 points or -10.98% at a volume of 26,51,343. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $7.85. The peak price level was also seen at $7.85 while the days lowest was $7.275. Finally the shares closed at $7.3. The 52-week high of the shares is $10.41 while the 52-week low is $2.27. According to the latest information available, the market cap of the company is $1,944 M.

Alamos Gold Inc (USA)(AGI) last announced its earnings results on Aug 10, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $120.10M. Analysts had an estimated revenue of $124.88M. Earnings per share were $-0.04.

Alamos Gold Inc. is a Canada-based mid-tier gold producer. The Company is engaged in the acquisition exploration development and extraction of precious metals. It is engaged in the exploration and development activities in Mexico Turkey and the United States. It owns and operates the Mulatos mine in Mexico and holds the mineral rights to the Salamandra group of concessions in the State of Sonora Mexico which includes several satellite gold occurrences. It also owns the Agi Dagi Kirazli and Camyurt gold development projects in Turkey. Agi Dagi and Kirazli gold development projects are located in Canakkale Province Turkey. The Camyurt project is located three kilometres southeast of the Agi Dagi project. The Company owns the Esperanza Gold Project which is a development stage asset located in south-central Mexico in the state of Morelos. It owns a 100% interest in the Quartz Mountain Property which is located in south-central Oregon. It operates through Carlisle Goldfields Ltd.

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