Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI Senior Officer Grace Tang sold 4,000 shares of the company'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.
Alamos Gold Price Performance
Shares of AGI traded down C$0.35 during mid-day trading on Thursday, hitting C$35.27. The company's stock had a trading volume of 58,626 shares, compared to its average volume of 1,068,853. The company has a current ratio of 1.62, a quick ratio of 1.06 and a debt-to-equity ratio of 8.48. The firm has a 50-day simple moving average of C$37.35 and a 200 day simple moving average of C$32.24. The firm has a market capitalization of C$10.43 billion, a P/E ratio of 41.99, a P/E/G ratio of -2.10 and a beta of 1.10. Alamos Gold Inc. has a 1-year low of C$20.65 and a 1-year high of C$42.97.
Analysts Set New Price Targets
Several analysts have commented on the company. National Bank Financial raised Alamos Gold to a "strong-buy" rating in a research note on Friday, March 21st. Canaccord Genuity Group upped their price objective on 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. TD Securities reduced their price objective on Alamos Gold from C$48.00 to C$45.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. National Bankshares upped their price objective on Alamos Gold from C$38.00 to C$46.00 and gave the company an "outperform" rating in a research note on Wednesday, March 19th. Finally, CIBC upped their price objective on Alamos Gold from C$46.00 to C$48.00 in a research note on Thursday, April 17th. Five analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of C$40.50.
Read Our Latest Stock Analysis on AGI
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.
Featured Articles
Before you consider Alamos Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alamos Gold wasn't on the list.
While Alamos Gold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
