Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI had its price target raised by stock analysts at TD Securities from C$37.00 to C$48.00 in a report issued on Tuesday,BayStreet.CA reports. TD Securities' price objective indicates a potential upside of 17.24% from the company's current price.
A number of other equities research analysts have also weighed in on AGI. Canaccord Genuity Group raised their price objective on shares of Alamos Gold from C$39.00 to C$44.00 and gave the company a "buy" rating in a report on Monday, April 7th. National Bankshares lifted 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 research note on Wednesday, March 19th. National Bank Financial raised Alamos Gold to a "strong-buy" rating in a report on Friday, March 21st. Finally, CIBC boosted their target price on Alamos Gold from C$44.00 to C$46.00 in a report on Friday, February 21st. Five equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Alamos Gold currently has a consensus rating of "Buy" and a consensus target price of C$41.00.
Get Our Latest Stock Analysis on AGI
Alamos Gold Stock Down 2.8 %
AGI stock traded down C$1.17 during mid-day trading on Tuesday, reaching C$40.94. The company had a trading volume of 1,463,154 shares, compared to its average volume of 961,865. Alamos Gold has a fifty-two week low of C$19.63 and a fifty-two week high of C$42.97. The company has a market capitalization of C$12.11 billion, a price-to-earnings ratio of 48.74, a price-to-earnings-growth ratio of -2.10 and a beta of 1.10. 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 firm has a fifty day simple moving average of C$35.92 and a 200 day simple moving average of C$30.53.
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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