Shares of Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$31.92 and traded as high as C$35.68. Alamos Gold shares last traded at C$35.55, with a volume of 1,463,119 shares changing hands.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on AGI. National Bank Financial upgraded Alamos Gold to a "strong-buy" rating in a report on Friday, March 21st. National Bankshares raised their target price on Alamos Gold from C$38.00 to C$46.00 and gave the stock an "outperform" rating in a report on Wednesday, March 19th. Canaccord Genuity Group raised their price objective 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. TD Securities lowered their price target 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, CIBC boosted their price objective on Alamos Gold from C$46.00 to C$48.00 in a research report on Thursday, April 17th. 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 MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of C$40.50.
Check Out Our Latest Analysis on Alamos Gold
Alamos Gold Stock Up 3.7%
The stock has a market cap of C$10.51 billion, a PE ratio of 42.33, a price-to-earnings-growth ratio of -2.10 and a beta of 1.10. 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 fifty day moving average of C$37.48 and a 200 day moving average of C$31.92.
Insider Activity at Alamos Gold
In other Alamos Gold news, Senior Officer Colin Webster sold 7,041 shares of the business's stock in a transaction on Friday, May 9th. The shares were sold at an average price of C$37.58, for a total transaction of C$264,571.21. 0.27% of the stock is owned by 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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