Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$25.50 and traded as high as C$27.74. Alamos Gold shares last traded at C$27.73, with a volume of 398,562 shares.
Analyst Ratings Changes
Several research firms recently issued reports on AGI. CIBC upped their target price on Alamos Gold from C$38.00 to C$40.00 in a research report on Monday, December 2nd. National Bank Financial raised Alamos Gold from a "hold" rating to a "strong-buy" rating in a report on Monday, December 2nd. BMO Capital Markets increased their price target on shares of Alamos Gold from C$27.00 to C$31.00 and gave the stock an "outperform" rating in a report on Monday, September 16th. Finally, 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. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of C$26.50.
Read Our Latest Analysis on Alamos Gold
Alamos Gold Stock Performance
The company has a market cap of C$11.63 billion, a PE ratio of 40.75, a PEG ratio of -2.10 and a beta of 1.10. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.06 and a current ratio of 3.04. The firm's 50 day moving average is C$26.80 and its 200-day moving average is C$25.51.
Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI last posted its quarterly earnings results on Wednesday, November 6th. The company reported C$0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.30 by C($0.04). Alamos Gold had a net margin of 17.72% and a return on equity of 6.72%. The company had revenue of C$492.35 million during the quarter. On average, research analysts anticipate that Alamos Gold Inc. will post 1.4774775 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Alamos Gold news, Director David Alexander Fleck bought 2,000 shares of the business's stock in a transaction on Wednesday, December 18th. The stock was bought at an average price of C$26.85 per share, with a total value of C$53,700.00. 0.27% of the stock is owned by company insiders.
Alamos Gold Company Profile
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Get Free Report)
Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.
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