Alamos Gold Loses 55% Stake from Empyrean Capital Partners LP

Empyrean Capital Partners LP reduced its stake in Alamos Gold Inc. (NYSE:AGI) by 55.2% in the first quarter, according to its Form 13F filing with the Securities & Exchange Commission.

The fund owned 91,000 shares of Alamos Gold's stock after selling 112,300 shares during the quarter. Empyrean Capital Partners LP's holdings in Alamos Gold were worth $4,043,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AGI. Vanguard Group Inc. lifted its stake in shares of Alamos Gold by 1.9% in the fourth quarter. Swiss National Bank boosted its holdings in Alamos Gold by 26.8% in the first quarter.

Alamos Gold's stock price has been trading at $29.69, with a market cap of $12.43 billion and a P/E ratio of 11.83. The company has a debt-to-equity ratio of 0.05 and a current ratio of 2.01.