Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI had its price target boosted by research analysts at TD Securities from C$35.00 to C$37.00 in a report issued on Friday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. TD Securities' target price would suggest a potential upside of 10.51% from the stock's current price.
Other research analysts also recently issued reports about the company. Canaccord Genuity Group boosted their price target on Alamos Gold from C$35.00 to C$39.00 and gave the company a "buy" rating in a report on Thursday, February 27th. National Bank Financial raised Alamos Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd. CIBC raised their price target on Alamos Gold from C$44.00 to C$46.00 in a research note on Friday, February 21st. Finally, National Bankshares raised shares of Alamos Gold from a "sector perform" rating to an "outperform" rating and set a C$35.00 price target for the company in a research report on Tuesday, December 3rd. Six equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of C$33.41.
Check Out Our Latest Stock Report on Alamos Gold
Alamos Gold Price Performance
Shares of TSE AGI traded up C$0.03 during trading on Friday, reaching C$33.48. The company had a trading volume of 631,312 shares, compared to its average volume of 759,205. Alamos Gold has a twelve month low of C$17.40 and a twelve month high of C$34.42. The stock has a market capitalization of C$9.90 billion, a PE ratio of 39.86, a price-to-earnings-growth ratio of -2.10 and a beta of 1.10. The stock has a 50-day moving average price of C$29.81 and a two-hundred day moving average price of C$27.85. The company has a current ratio of 1.62, a quick ratio of 1.06 and a debt-to-equity ratio of 8.48.
Insider Buying and Selling at Alamos Gold
In related news, Director David Alexander Fleck purchased 2,000 shares of the business's stock in a transaction that occurred on Wednesday, December 18th. The shares were purchased at an average cost 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
(
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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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