Sun Valley Gold Lowers stake in Alamos Gold Inc (USA) (AGI)

Alamos Gold Inc (USA) (AGI) : Sun Valley Gold reduced its stake in Alamos Gold Inc (USA) by 12.36% during the most recent quarter end. The investment management company now holds a total of 4,915,637 shares of Alamos Gold Inc (USA) which is valued at $31,607,546 after selling 693,100 shares in Alamos Gold Inc (USA) , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Alamos Gold Inc (USA) makes up approximately 15.43% of Sun Valley Gold’s portfolio.

Other Hedge Funds, Including , Sentry Investments Corp. reduced its stake in AGI by selling 264,300 shares or 7.41% in the most recent quarter. The Hedge Fund company now holds 3,302,750 shares of AGI which is valued at $21,236,683. Alamos Gold Inc (USA) makes up approx 0.30% of Sentry Investments Corp.’s portfolio.Dimensional Fund Advisors Lp boosted its stake in AGI in the latest quarter, The investment management firm added 176,887 additional shares and now holds a total of 497,201 shares of Alamos Gold Inc (USA) which is valued at $3,515,211.Intrepid Capital Management Inc reduced its stake in AGI by selling 25,760 shares or 18.29% in the most recent quarter. The Hedge Fund company now holds 115,115 shares of AGI which is valued at $813,863. Alamos Gold Inc (USA) makes up approx 0.39% of Intrepid Capital Management Inc’s portfolio.Swiss National Bank reduced its stake in AGI by selling 13,600 shares or 3.0% in the most recent quarter. The Hedge Fund company now holds 439,321 shares of AGI which is valued at $3,264,155. Alamos Gold Inc (USA) makes up approx 0.01% of Swiss National Bank’s portfolio.Great West Life Assurance Co Can boosted its stake in AGI in the latest quarter, The investment management firm added 588,912 additional shares and now holds a total of 1,672,688 shares of Alamos Gold Inc (USA) which is valued at $12,846,244. Alamos Gold Inc (USA) makes up approx 0.04% of Great West Life Assurance Co Can’s portfolio.

Alamos Gold Inc (USA) closed down -0.02 points or -0.31% at $6.4 with 15,50,933 shares getting traded on Monday. Post opening the session at $6.33, the shares hit an intraday low of $6.24 and an intraday high of $6.45 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Alamos Gold Inc (USA) reported $0.02 EPS for the quarter, based on the information available during the earnings call on Nov 10, 2016. Analyst had a consensus estimate of $0.02. The company had revenue of $125.60 million for the quarter, compared to analysts expectations of $126.52 million. The company’s revenue was up 21.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.13 EPS.

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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