Shares of Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI hit a new 52-week high during trading on Tuesday . The company traded as high as C$36.99 and last traded at C$36.92, with a volume of 1285566 shares trading hands. The stock had previously closed at C$36.14.
Analyst Ratings Changes
A number of brokerages have commented on AGI. National Bank Financial upgraded Alamos Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd. National Bankshares lifted their target price on Alamos Gold from C$38.00 to C$46.00 and gave the company an "outperform" rating in a research note on Wednesday. CIBC lifted their target price on Alamos Gold from C$44.00 to C$46.00 in a research note on Friday, February 21st. TD Securities boosted their price objective on 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. Finally, Canaccord Genuity Group boosted 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. Six equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Alamos Gold has an average rating of "Buy" and an average target price of C$34.78.
View Our Latest Stock Report on Alamos Gold
Alamos Gold Price Performance
The stock has a market capitalization of C$11.06 billion, a price-to-earnings ratio of 44.53, a P/E/G ratio of -2.10 and a beta of 1.10. The company has a quick ratio of 1.06, a current ratio of 1.62 and a debt-to-equity ratio of 8.48. The business has a 50-day simple moving average of C$32.04 and a two-hundred day simple moving average of C$28.69.
About Alamos Gold
(
Get Free Report)
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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