Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI's stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$32.58 and traded as high as C$37.70. Alamos Gold shares last traded at C$37.48, with a volume of 1,857,863 shares changing hands.
Analysts Set New Price Targets
Several research firms have recently issued reports on AGI. National Bankshares boosted their target price on Alamos Gold from C$38.00 to C$46.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 19th. Canaccord Genuity Group boosted their price objective on shares of Alamos Gold from C$39.00 to C$44.00 and gave the company a "buy" rating in a report on Monday, April 7th. CIBC upped their target price on shares of Alamos Gold from C$46.00 to C$48.00 in a research note on Thursday, April 17th. National Bank Financial raised shares of Alamos Gold to a "strong-buy" rating in a research report on Friday, March 21st. Finally, TD Securities decreased their price target on shares of Alamos Gold from C$48.00 to C$45.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Five equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Alamos Gold currently has a consensus rating of "Buy" and a consensus target price of C$40.50.
Get Our Latest Stock Report on Alamos Gold
Alamos Gold Stock Performance
The stock has a market cap of C$10.97 billion, a P/E ratio of 44.16, 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 current ratio of 1.62 and a quick ratio of 1.06. The stock's 50 day simple moving average is C$37.26 and its two-hundred day simple moving average is C$32.61.
Insider Activity at Alamos Gold
In other Alamos Gold news, Senior Officer Luc Guimond sold 10,251 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of C$36.95, for a total transaction of C$378,774.45. Also, Senior Officer Grace Tang sold 4,000 shares of Alamos Gold stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of C$36.00, for a total transaction of C$144,000.00. In the last ninety days, insiders have sold 28,486 shares of company stock valued at $1,053,668. 0.27% of the stock is owned by corporate insiders.
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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