Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI's share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$26.33 and traded as high as C$29.18. Alamos Gold shares last traded at C$28.95, with a volume of 527,530 shares traded.
Analysts Set New Price Targets
Several analysts have recently issued reports on the company. National Bank Financial upgraded Alamos Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd. CIBC upped their target price on Alamos Gold from C$38.00 to C$40.00 in a research report on Monday, December 2nd. Finally, National Bankshares upgraded Alamos Gold from a "sector perform" rating to an "outperform" rating and set a C$35.00 price target on the stock in a report on Tuesday, December 3rd. Six research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of C$28.78.
Read Our Latest Stock Analysis on Alamos Gold
Alamos Gold Trading Down 1.0 %
The company has a current ratio of 3.04, a quick ratio of 1.06 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of C$12.76 billion, a P/E ratio of 44.69, a P/E/G ratio of -2.10 and a beta of 1.10. The business's fifty day simple moving average is C$27.41 and its two-hundred day simple moving average is C$26.46.
Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI last released its earnings results on Wednesday, November 6th. The company reported C$0.26 earnings per share for the quarter, missing the consensus estimate 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. As a group, analysts forecast that Alamos Gold Inc. will post 1.4774775 earnings per share for the current year.
Insider Transactions at Alamos Gold
In other Alamos Gold news, Director David Alexander Fleck bought 2,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The shares were acquired 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 insiders.
About Alamos Gold
(
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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