Van Eck Associates Reduces $125M in Alamos Gold Inc. ($AGI)
Key Points
- Van Eck Associates changed its Alamos Gold Inc. ($AGI) stake by 8.7% last quarter, cutting to 37,223,301 shares worth $1.31 billion.
- Wall Street's consensus rating on $AGI is Strong Buy and an average price target of $56.25.
- $AGI last traded around $35.20.
Van Eck Associates trimmed its position in Alamos Gold Inc. ($AGI) by 8.7% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,223,301 shares of Alamos Gold Inc. after selling 3,553,737 shares during the quarter. Van Eck Associates's holdings in Alamos Gold Inc. were worth $1.31 billion as of its most recent filing.
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About Alamos Gold Inc.
Alamos Gold Inc. operates as a gold producer in Canada and Mexico. It primarily explores for gold deposits. The company was founded in 2003 and is based in Toronto, Canada.
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