Analysts Set Alamos Gold Inc. (TSE:AGI) Price Target at C$41.54

Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI has received an average rating of "Buy" from the eight research firms that are presently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$41.54.

Several analysts recently issued reports on AGI shares. National Bankshares lifted their target price on Alamos Gold from C$51.75 to C$52.25 and gave the company an "outperform" rating in a research note on Friday, June 27th. TD Securities reduced their price target on shares of Alamos Gold from C$48.00 to C$45.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Canaccord Genuity Group boosted their price target on shares of Alamos Gold from C$39.00 to C$44.00 and gave the stock a "buy" rating in a research note on Monday, April 7th. Stifel Canada upgraded Alamos Gold to a "strong-buy" rating in a research report on Tuesday, July 8th. Finally, National Bank Financial upgraded Alamos Gold to a "strong-buy" rating in a research report on Friday, March 21st.

Alamos Gold Stock Performance

Shares of Alamos Gold stock traded down C$0.06 during trading on Monday, hitting C$36.36. 905,879 shares of the company's stock traded hands, compared to its average volume of 1,328,581. Alamos Gold has a 1 year low of C$22.59 and a 1 year high of C$42.97. The business has a 50-day simple moving average of C$36.19 and a 200-day simple moving average of C$34.58. The stock has a market capitalization of C$10.75 billion, a P/E ratio of 43.29, a PEG ratio of -2.10 and a beta of 1.10. The company has a debt-to-equity ratio of 8.48, a current ratio of 1.62 and a quick ratio of 1.06.

Insider Transactions at Alamos Gold

In other news, Senior Officer Luc Guimond sold 10,251 shares of Alamos Gold stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of C$36.95, for a total value of C$378,774.45. Also, Senior Officer Colin Webster sold 7,041 shares of the firm's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of C$37.58, for a total transaction of C$264,571.21. Insiders have sold 86,245 shares of company stock worth $3,193,307 over the last quarter. Company insiders own 0.27% of the company's stock.

Alamos Gold Company Profile

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.