Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI's stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$25.10 and traded as high as C$28.57. Alamos Gold shares last traded at C$27.83, with a volume of 539,193 shares changing hands.
Wall Street Analyst Weigh In
AGI has been the subject of a number of research analyst reports. CIBC upped their price target on Alamos Gold from C$38.00 to C$40.00 in a report on Monday, December 2nd. National Bank Financial upgraded Alamos Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 2nd. National Bankshares raised Alamos Gold from a "sector perform" rating to an "outperform" rating and set a C$35.00 target price for the company in a research report on Tuesday, December 3rd. Finally, BMO Capital Markets lifted their price target on Alamos Gold from C$27.00 to C$31.00 and gave the stock an "outperform" rating in a research report on Monday, September 16th. 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 stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of C$26.50.
Get Our Latest Stock Analysis on AGI
Alamos Gold Stock Down 2.2 %
The firm has a 50 day moving average price of C$27.08 and a 200-day moving average price of C$25.10. The firm has a market cap of C$11.43 billion, a price-to-earnings ratio of 40.93, a P/E/G ratio of -2.10 and a beta of 1.10. The company has a current ratio of 3.04, a quick ratio of 1.06 and a debt-to-equity ratio of 0.04.
Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI last posted its 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, equities analysts forecast that Alamos Gold Inc. will post 1.4774775 EPS for the current year.
Insider Activity
In other Alamos Gold news, Senior Officer John Michael Fitzgerald sold 20,456 shares of Alamos Gold stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of C$27.73, for a total transaction of C$567,150.78. Also, Senior Officer Nicole Marie Lichowit sold 1,590 shares of the stock in a transaction on Monday, September 23rd. The stock was sold at an average price of C$28.66, for a total transaction of C$45,569.40. Following the completion of the sale, the insider now directly owns 374 shares of the company's stock, valued at C$10,718.84. The trade was a 80.96 % decrease in their position. Company insiders own 0.27% of the company's stock.
About Alamos Gold
(
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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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