Shares of Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI passed 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.
Analyst Ratings Changes
Several research analysts have recently weighed in on AGI shares. 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. 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 note on Monday, April 7th. National Bankshares raised 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. National Bank Financial raised Alamos Gold to a "strong-buy" rating in a report on Friday, March 21st. Finally, TD Securities dropped their target price on Alamos Gold from C$48.00 to C$45.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Five research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Alamos Gold currently has a consensus rating of "Buy" and a consensus price target of C$40.50.
Check Out Our Latest Research Report on AGI
Alamos Gold Trading Up 1.0%
The stock has a market cap of C$10.77 billion, a P/E ratio of 43.37, a price-to-earnings-growth ratio of -2.10 and a beta of 1.10. The stock's 50-day moving average is C$37.42 and its two-hundred day moving average is C$32.20. The company has a debt-to-equity ratio of 8.48, a current ratio of 1.62 and a quick ratio of 1.06.
Insider Activity
In other news, Senior Officer Colin Webster sold 7,041 shares of the business's stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of C$37.58, for a total transaction of C$264,571.21. Also, Senior Officer Grace Tang sold 4,000 shares of the stock in a transaction on Friday, May 23rd. The shares were sold at an average price of C$36.00, for a total value of C$144,000.00. Corporate insiders own 0.27% of the company's stock.
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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