Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI's share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$34.11 and traded as high as C$37.03. Alamos Gold shares last traded at C$36.67, with a volume of 153,551 shares traded.
Wall Street Analyst Weigh In
AGI has been the subject of a number of research reports. TD Securities decreased their price objective 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. National Bank Financial raised shares of Alamos Gold to a "strong-buy" rating in a report on Friday, March 21st. CIBC boosted their price target on shares of Alamos Gold from C$46.00 to C$48.00 in a report on Thursday, April 17th. National Bankshares boosted their price target on shares of Alamos Gold from C$51.75 to C$52.25 and gave the company an "outperform" rating in a report on Friday, June 27th. Finally, Canaccord Genuity Group boosted their price target 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. Five research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of C$41.54.
View Our Latest Research Report on AGI
Alamos Gold Trading Down 5.7%
The business's 50 day moving average is C$36.20 and its two-hundred day moving average is C$34.32. The company has a quick ratio of 1.06, a current ratio of 1.62 and a debt-to-equity ratio of 8.48. The firm has a market capitalization of C$10.57 billion, a P/E ratio of 42.54, a PEG ratio of -2.10 and a beta of 1.10.
Insider Transactions at Alamos Gold
In other Alamos Gold news, Senior Officer Grace Tang sold 4,000 shares of the business's stock in a transaction dated 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 Luc Guimond sold 7,194 shares of the business's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of C$37.02, for a total transaction of C$266,321.88. Insiders sold 86,245 shares of company stock valued at $3,193,307 in the last quarter. 0.27% of the stock is owned by company insiders.
About Alamos Gold
(
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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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