Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI had its price objective boosted by National Bankshares from C$38.00 to C$46.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. National Bankshares' price target indicates a potential upside of 22.99% from the company's current price.
A number of other brokerages also recently commented on AGI. Canaccord Genuity Group lifted their price objective on Alamos Gold from C$35.00 to C$39.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. CIBC lifted their price target on Alamos Gold from C$44.00 to C$46.00 in a report on Friday, February 21st. National Bank Financial raised shares of Alamos Gold from a "hold" rating to a "strong-buy" rating in a report on Monday, December 2nd. Finally, TD Securities raised their price objective 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. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Alamos Gold has an average rating of "Buy" and an average target price of C$34.78.
View Our Latest Stock Report on AGI
Alamos Gold Price Performance
Shares of TSE:AGI traded up C$0.05 during midday trading on Wednesday, hitting C$37.40. The company's stock had a trading volume of 1,593,345 shares, compared to its average volume of 852,849. The company has a market cap of C$11.06 billion, a P/E ratio of 44.53, a price-to-earnings-growth ratio of -2.10 and a beta of 1.10. Alamos Gold has a 12-month low of C$18.27 and a 12-month high of C$37.78. The business's 50 day simple moving average is C$32.22 and its 200 day simple moving average is C$28.78. The company has a debt-to-equity ratio of 8.48, a quick ratio of 1.06 and a current ratio of 1.62.
Alamos Gold Company Profile
(
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Alamos 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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