Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$32.98 and traded as high as C$37.51. Alamos Gold shares last traded at C$36.72, with a volume of 1,770,366 shares traded.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on AGI shares. Canaccord Genuity Group boosted their target price on shares of Alamos Gold from C$39.00 to C$44.00 and gave the company a "buy" rating in a research report on Monday, April 7th. CIBC boosted their price objective on shares of Alamos Gold from C$46.00 to C$48.00 in a report on Thursday, April 17th. National Bankshares increased their target price on shares of 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. TD Securities lowered 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. Finally, National Bank Financial upgraded shares of Alamos Gold to a "strong-buy" rating in a research report on Friday, March 21st. Five equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of C$40.50.
View Our Latest Report on Alamos Gold
Alamos Gold Price Performance
The firm has a market cap of C$11.07 billion, a P/E ratio of 44.55, a PEG 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 company's 50-day moving average is C$37.23 and its two-hundred day moving average is C$33.09.
Insider Activity at Alamos Gold
In related news, Senior Officer John Michael Fitzgerald sold 40,000 shares of Alamos Gold stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of C$37.00, for a total transaction of C$1,479,880.00. Also, Senior Officer Grace Tang sold 4,000 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of C$36.00, for a total transaction of C$144,000.00. Insiders have sold 86,245 shares of company stock valued at $3,193,307 over the last three months. 0.27% of the stock is owned by insiders.
Alamos Gold Company Profile
(
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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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