Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI has received a consensus recommendation of "Buy" from the seven analysts that are currently covering the company, MarketBeat reports. Five investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$38.83.
Several analysts have recently commented on AGI shares. CIBC increased their price objective on Alamos Gold from C$44.00 to C$46.00 in a research note on Friday, February 21st. National Bankshares boosted their price target on shares of Alamos Gold from C$38.00 to C$46.00 and gave the stock an "outperform" rating in a report on Wednesday, March 19th. National Bank Financial raised shares of Alamos Gold to a "strong-buy" rating in a research report on Friday, March 21st. TD Securities lifted their target price on shares of Alamos Gold from C$35.00 to C$37.00 and gave the stock a "buy" rating in a research report on Friday, February 28th. Finally, Canaccord Genuity Group upped their target price on Alamos Gold from C$39.00 to C$44.00 and gave the company a "buy" rating in a report on Monday.
View Our Latest Analysis on AGI
Alamos Gold Trading Up 4.0 %
AGI traded up C$1.50 during trading on Friday, hitting C$38.98. The company's stock had a trading volume of 499,851 shares, compared to its average volume of 906,909. The firm has a market capitalization of C$11.53 billion, a P/E ratio of 46.41, a PEG ratio of -2.10 and a beta of 1.10. Alamos Gold has a twelve month low of C$19.63 and a twelve month high of C$39.56. The stock's fifty day moving average price is C$34.65 and its 200-day moving average price is C$29.93. The company has a quick ratio of 1.06, a current ratio of 1.62 and a debt-to-equity ratio of 8.48.
About Alamos Gold
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Get Free ReportAlamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating mines in North America: the Young-Davidson Mine in Canada and the Mulatos and El Chanate Mines in Sonora, Mexico. The Young-Davidson mine is the group's largest revenue contributor, and the property also holds mineral leases and claims covering approximately 11,000 acres.
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