Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI had its price target increased by research analysts at TD Securities from C$37.00 to C$48.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. TD Securities' price objective points to a potential upside of 17.24% from the company's previous close.
Several other research analysts also recently weighed in on the stock. National Bankshares boosted their target price on shares of Alamos Gold from C$38.00 to C$46.00 and gave the company an "outperform" rating in a research note on Wednesday, March 19th. National Bank Financial upgraded shares of Alamos Gold to a "strong-buy" rating in a report on Friday, March 21st. CIBC upped their price objective on shares of Alamos Gold from C$44.00 to C$46.00 in a research note on Friday, February 21st. Finally, Canaccord Genuity Group lifted their target price 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. Five 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.com, the company presently has an average rating of "Buy" and a consensus target price of C$41.00.
Read Our Latest Stock Report on AGI
Alamos Gold Price Performance
Alamos Gold stock traded down C$1.17 during mid-day trading on Tuesday, hitting C$40.94. 1,463,154 shares of the company were exchanged, compared to its average volume of 961,865. Alamos Gold has a 12-month low of C$19.63 and a 12-month high of C$42.97. The company has a market capitalization of C$12.11 billion, a P/E ratio of 48.74, a PEG ratio of -2.10 and a beta of 1.10. The business's 50 day simple moving average is C$35.92 and its two-hundred day simple moving average is C$30.53. The company has a debt-to-equity ratio of 8.48, a current ratio of 1.62 and a quick ratio of 1.06.
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.
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