<div id="readability-page-1"><p>Bank of Nova Scotia acquired a new stake in  Alamos Gold Inc. (NYSE:AGI - Free Report) <span>TSE: AGI<span></span></span> during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor  acquired 14,354 shares of the basic materials company's stock, valued at approximately $265,000.</p><ul><li>Make Big Bets on Gold With These 3 Leveraged Mining Funds</li></ul><p>Several other hedge funds have also recently added to or reduced their stakes in the business. Blue Trust Inc. grew its position in shares of  Alamos Gold by 155.7% in the fourth quarter. Blue Trust Inc. now owns 1,900 shares of the basic materials company's stock valued at $38,000 after purchasing an additional 1,157 shares during the last quarter.  Thurston Springer Miller Herd &amp; Titak Inc. lifted its stake in  Alamos Gold by 51.8% in the 4th quarter. Thurston Springer Miller Herd &amp; Titak Inc. now owns 2,510 shares of the basic materials company's stock valued at $46,000 after buying an additional 856 shares in the last quarter.  R Squared Ltd acquired a new stake in  Alamos Gold during the 4th quarter valued at $61,000.  Daiwa Securities Group Inc. acquired a new stake in  Alamos Gold during the 4th quarter valued at $136,000.  Finally, XTX Topco Ltd purchased a new position in  Alamos Gold during the third quarter worth $207,000. 64.33% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Alamos Gold Price Performance</h2><p>AGI opened at $29.68 on Wednesday. Alamos Gold Inc. has a 1 year low of $14.31 and a 1 year high of $30.01. The company's 50 day simple moving average is $24.80 and its 200 day simple moving average is $21.35. The stock has a market capitalization of $12.48 billion, a PE ratio of 43.02, a P/E/G ratio of 0.40 and a beta of 1.02. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.96 and a current ratio of 1.51. </p><ul><li>3 Mining Stocks Poised to Ride the Precious Metals Boom</li></ul><p>Alamos Gold (NYSE:AGI - Get Free Report) <span>TSE: AGI<span></span></span> last announced its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. The company had revenue of $375.80 million for the quarter, compared to analyst estimates of $388.06 million. Alamos Gold had a net margin of 21.11% and a return on equity of 10.05%.  As a group, sell-side analysts expect that  Alamos Gold Inc. will post 1.29 EPS for the current year. </p><h2>Alamos Gold Announces Dividend</h2><p>The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a $0.025 dividend. The ex-dividend date of this dividend  was Thursday, March 13th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.34%. Alamos Gold's dividend payout ratio (DPR) is 14.49%. </p><h2>Analyst Ratings Changes</h2><ul><li>Why a Weaker Dollar is Good News for These 3 Stocks</li></ul><p>Several analysts have recently issued reports on the company. Royal Bank of Canada upped their price objective on Alamos Gold from $27.00 to $30.00 and gave the company an &#34;outperform&#34; rating in a research report on Friday, April 4th. StockNews.com raised shares of Alamos Gold from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Tuesday. Scotiabank  reissued an &#34;outperform&#34; rating on shares of Alamos Gold in a research report on Monday. Bank of America decreased their target price on shares of Alamos Gold from $31.00 to $30.50 and set a &#34;neutral&#34; rating on the stock in a research report on Tuesday, April 8th. Finally, National Bank Financial upgraded Alamos Gold to a &#34;strong-buy&#34; rating in a report on Friday, March 21st. One analyst  has rated the stock with a hold rating, four have given a buy rating and one  has issued  a strong buy rating to the company. According to MarketBeat.com, Alamos Gold currently has a consensus rating of &#34;Buy&#34; and a consensus price target of $30.38.</p><p><b>View Our Latest Stock Analysis on AGI</b></p><h2>Alamos Gold Company Profile</h2> (Free Report)<p>Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Alamos Gold</li><li>Best ESG Stocks: 11 Best Stocks for ESG Investing</li><li>Beware of BigBear.ai: Insiders Are Selling—Should You?</li><li>How to Calculate Stock Profit </li><li>CrowdStrike Stock is a Buy as Cyberthreat Environment Expands</li><li>How to Use the MarketBeat Stock Screener </li><li>Congress! Who Traded What During the Tariff-Induced Meltdown </li></ul><p><strong>Want to see what other hedge funds are holding AGI?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alamos Gold Inc. (NYSE:AGI - Free Report) <span>TSE: AGI<span></span></span>.</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFHSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFHSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alamos Gold Right Now?</h2><p>Before you consider Alamos Gold, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alamos Gold wasn't on the list.</p><p>While Alamos Gold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Bank of Nova Scotia has acquired a new stake in Alamos Gold Inc. (NYSE:AGI) valued at approximately $265,000, purchasing 14,354 shares during the fourth quarter. Other hedge funds have also adjusted their stakes in Alamos Gold, with significant increases from Blue Trust Inc. and Thurston Springer Miller Herd & Titak Inc. Alamos Gold's stock performance shows a market cap of $12.48 billion and a recent earnings report indicated a net margin of 21.11%. Analysts have generally rated the stock as a "buy" with a consensus price target of $30.38.</p>

Bank of Nova Scotia Invests $265,000 in Alamos Gold Inc. (NYSE:AGI)