Alamos Gold (AGI) Shares Cross Below Book Value

In trading on Thursday, shares of Alamos Gold Inc (AGI) crossed below their last reported book value — defined as common shareholder equity per share — of $6.18, changing hands as low as $6.16 per share. Alamos Gold Inc shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of AGI shares, versus its 50 and 200 day moving averages:

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Alamos Gold Inc Moving Averages Chart

Looking at the chart above, AGI's low point in its 52 week range is $5.11 per share, with $10.55 as the 52 week high point — that compares with a last trade of $6.18.

According to the ETF Finder at ETF Channel, AGI makes up 2.56% of the Junior Gold Miners ETF ( GDXJ) which is trading lower by about 1.9% on the day Thursday.

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