Shares of Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI have been given an average recommendation of "Buy" by the seven ratings firms that are covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$40.50.
A number of equities research analysts have recently issued reports on the stock. National Bankshares lifted their price target on shares of Alamos Gold from C$38.00 to C$46.00 and gave the company an "outperform" rating in a research report on Wednesday, March 19th. CIBC raised their target price on shares of Alamos Gold from C$46.00 to C$48.00 in a report on Thursday, April 17th. National Bank Financial raised shares of Alamos Gold to a "strong-buy" rating in a report on Friday, March 21st. Canaccord Genuity Group raised their price objective 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. Finally, TD Securities dropped their price target on Alamos Gold from C$48.00 to C$45.00 and set a "buy" rating for the company in a research report on Friday.
View Our Latest Stock Analysis on AGI
Alamos Gold Price Performance
TSE:AGI traded up C$1.13 during trading hours on Wednesday, hitting C$35.25. The company's stock had a trading volume of 227,209 shares, compared to its average volume of 1,007,219. Alamos Gold has a 52-week low of C$20.65 and a 52-week high of C$42.97. The company has a debt-to-equity ratio of 8.48, a quick ratio of 1.06 and a current ratio of 1.62. The business's 50-day moving average is C$37.13 and its two-hundred day moving average is C$31.38. The company has a market capitalization of C$10.43 billion, a PE ratio of 41.97, a PEG ratio of -2.10 and a beta of 1.10.
Alamos Gold Company Profile
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Get Free ReportAlamos 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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