Free Trial

Analysts Set Alamos Gold Inc. (TSE:AGI) Target Price at C$40.50

Alamos Gold logo with Basic Materials background

Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI has received a consensus rating of "Buy" from the seven research firms that are currently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$40.50.

A number of research analysts have weighed in on AGI shares. 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. TD Securities reduced their target price 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 objective on 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. National Bank Financial raised Alamos Gold to a "strong-buy" rating in a research report on Friday, March 21st. Finally, CIBC upped their target price on Alamos Gold from C$46.00 to C$48.00 in a research report on Thursday, April 17th.

Check Out Our Latest Stock Report on Alamos Gold

Insiders Place Their Bets

In related news, Senior Officer Grace Tang sold 4,000 shares of the company's stock in a transaction on Friday, May 23rd. The shares were sold at an average price of C$36.00, for a total value of C$144,000.00. Also, Senior Officer Colin Webster sold 7,041 shares of the company'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 in the last quarter. 0.27% of the stock is owned by corporate insiders.

Alamos Gold Trading Down 0.5%

Alamos Gold stock traded down C$0.18 during midday trading on Thursday, reaching C$36.36. The stock had a trading volume of 2,839,668 shares, compared to its average volume of 1,354,746. Alamos Gold has a twelve month low of C$20.99 and a twelve month high of C$42.97. The stock has a market capitalization of C$10.75 billion, a PE ratio of 43.29, a price-to-earnings-growth ratio of -2.10 and a beta of 1.10. 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 stock's 50-day simple moving average is C$37.14 and its 200 day simple moving average is C$33.56.

About Alamos Gold

(Get Free Report

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.

Further Reading

Analyst Recommendations for Alamos Gold (TSE:AGI)

Should You Invest $1,000 in Alamos Gold Right Now?

Before you consider Alamos Gold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alamos Gold wasn't on the list.

While Alamos Gold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Time to Cash Out? 5 Stocks to Drop Before Earnings
Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines