Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI's share price hit a new 52-week high during trading on Thursday . The company traded as high as C$33.21 and last traded at C$33.03, with a volume of 45368 shares. The stock had previously closed at C$32.28.
Wall Street Analyst Weigh In
Several analysts have issued reports on AGI shares. National Bankshares raised Alamos Gold from a "sector perform" rating to an "outperform" rating and set a C$35.00 price target for the company in a report on Tuesday, December 3rd. National Bank Financial upgraded Alamos Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd. Finally, CIBC raised their target price on shares of Alamos Gold from C$44.00 to C$46.00 in a research note on Friday. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of C$29.53.
Get Our Latest Analysis on Alamos Gold
Alamos Gold Trading Down 2.1 %
The company has a debt-to-equity ratio of 8.48, a quick ratio of 1.06 and a current ratio of 1.62. The company has a market capitalization of C$9.56 billion, a PE ratio of 38.48, a PEG ratio of -2.10 and a beta of 1.10. The stock has a fifty day moving average of C$29.02 and a 200 day moving average of C$27.39.
Insider Transactions at Alamos Gold
In other news, Director David Alexander Fleck bought 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, December 18th. The shares were bought at an average cost of C$26.85 per share, for a total transaction of C$53,700.00. Insiders own 0.27% of the company's stock.
About Alamos Gold
(
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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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