Shares of Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI have been given a consensus rating of "Buy" by the eight ratings firms that are currently covering the stock, MarketBeat.com reports. Six 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 objective among brokerages that have updated their coverage on the stock in the last year is C$33.41.
AGI has been the subject of a number of research reports. TD Securities increased their price target on shares of Alamos Gold from C$35.00 to C$37.00 and gave the company a "buy" rating in a report on Friday, February 28th. National Bank Financial raised shares of Alamos Gold from a "hold" rating to a "strong-buy" rating in a report on Monday, December 2nd. Canaccord Genuity Group increased their price objective on shares of Alamos Gold from C$35.00 to C$39.00 and gave the company a "buy" rating in a research note on Thursday, February 27th. National Bankshares upgraded shares of Alamos Gold from a "sector perform" rating to an "outperform" rating and set a C$35.00 price objective for the company in a research note on Tuesday, December 3rd. Finally, CIBC increased their price objective on shares of Alamos Gold from C$44.00 to C$46.00 in a research note on Friday, February 21st.
Check Out Our Latest Report on Alamos Gold
Insider Transactions at Alamos Gold
In related news, Director David Alexander Fleck acquired 2,000 shares of the firm's stock in a transaction on Wednesday, December 18th. The shares were purchased at an average price of C$26.85 per share, with a total value of C$53,700.00. Company insiders own 0.27% of the company's stock.
Alamos Gold Stock Performance
Alamos Gold stock traded up C$0.20 during mid-day trading on Tuesday, reaching C$36.14. The company had a trading volume of 1,200,113 shares, compared to its average volume of 828,034. The company has a quick ratio of 1.06, a current ratio of 1.62 and a debt-to-equity ratio of 8.48. Alamos Gold has a 52 week low of C$17.72 and a 52 week high of C$36.54. The company has a 50 day moving average of C$31.09 and a 200-day moving average of C$28.33. The firm has a market cap of C$10.69 billion, a price-to-earnings ratio of 43.03, a PEG ratio of -2.10 and a beta of 1.10.
Alamos Gold Company Profile
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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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