Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$30.89 and traded as high as C$39.35. Alamos Gold shares last traded at C$39.15, with a volume of 653,362 shares.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on AGI shares. CIBC lifted their price target on shares of Alamos Gold from C$46.00 to C$48.00 in a research note on Thursday, April 17th. National Bankshares upped their price target on Alamos Gold from C$38.00 to C$46.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 19th. TD Securities raised their price objective on Alamos Gold from C$37.00 to C$48.00 in a research note on Tuesday, April 15th. Canaccord Genuity Group boosted their price objective on Alamos Gold from C$39.00 to C$44.00 and gave the company a "buy" rating in a report on Monday, April 7th. Finally, National Bank Financial upgraded Alamos Gold to a "strong-buy" rating in a report on Friday, March 21st. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Alamos Gold currently has a consensus rating of "Buy" and a consensus target price of C$41.00.
View Our Latest Stock Report on Alamos Gold
Alamos Gold Price Performance
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 has a fifty day moving average of C$37.06 and a 200-day moving average of C$31.27. The firm has a market cap of C$11.66 billion, a P/E ratio of 46.92, a P/E/G ratio of -2.10 and a beta of 1.10.
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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