Alamos Gold Inc. (TSE:AGI) Receives C$25.80 Average PT from Analysts

Shares of Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI have received an average recommendation of "Moderate Buy" from the ten ratings firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$25.80.

Several analysts have issued reports on AGI shares. National Bank Financial lowered shares of Alamos Gold from a "strong-buy" rating to a "hold" rating in a research report on Sunday, September 8th. National Bankshares raised their target price on shares of Alamos Gold from C$28.00 to C$30.00 and gave the company a "hold" rating in a research note on Monday, September 16th. Finally, BMO Capital Markets boosted their price target on Alamos Gold from C$27.00 to C$31.00 and gave the stock an "outperform" rating in a research report on Monday, September 16th.

Alamos Gold Stock Up 2.5 %

Shares of Alamos Gold stock traded up C$0.65 during trading hours on Friday, reaching C$26.61. 693,000 shares of the company's stock were exchanged, compared to its average volume of 713,369. The stock has a market cap of C$11.17 billion, a P/E ratio of 39.13, a P/E/G ratio of -2.10 and a beta of 1.10. The company has a 50 day moving average of C$27.13 and a two-hundred day moving average of C$24.74. The company has a current ratio of 3.04, a quick ratio of 1.06 and a debt-to-equity ratio of 0.04. Alamos Gold has a fifty-two week low of C$15.27 and a fifty-two week high of C$29.66.

Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$0.26 EPS for the quarter, missing the consensus estimate of C$0.30 by C($0.04). The company had revenue of C$492.35 million for the quarter. Alamos Gold had a net margin of 17.72% and a return on equity of 6.72%. On average, sell-side analysts forecast that Alamos Gold will post 1.4774775 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Senior Officer John Michael Fitzgerald sold 20,456 shares of Alamos Gold stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of C$27.73, for a total value of C$567,150.78. Also, Senior Officer Nicole Marie Lichowit sold 1,590 shares of the firm's stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of C$28.66, for a total value of C$45,569.40. Following the completion of the sale, the insider now directly owns 374 shares in the company, valued at C$10,718.84. This trade represents a 80.96 % decrease in their ownership of the stock. 0.27% of the stock is currently owned by company insiders.

About Alamos Gold

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.