Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI's stock had its "outperform overweight" rating reissued by investment analysts at National Bank Financial in a research report issued on Monday, Zacks.com reports.
Other research analysts have also issued reports about the stock. Desjardins lowered their target price on shares of Alamos Gold from C$19.50 to C$18.75 and set a "hold" rating on the stock in a research report on Friday, January 12th. BMO Capital Markets lifted their price objective on Alamos Gold from C$23.00 to C$26.00 and gave the stock an "outperform" rating in a report on Thursday, March 28th. Jefferies Financial Group set a C$14.00 target price on Alamos Gold and gave the stock a "buy" rating in a research report on Thursday, February 29th. TD Securities raised their price target on Alamos Gold from C$23.00 to C$24.00 and gave the company a "buy" rating in a research report on Thursday, March 28th. Finally, Royal Bank of Canada upgraded shares of Alamos Gold from a "sector perform" rating to an "outperform" rating and boosted their price objective for the stock from C$12.00 to C$16.00 in a research report on Thursday, January 11th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of C$21.52.
Get Our Latest Analysis on AGI
Alamos Gold Stock Performance
TSE AGI traded down C$0.05 on Monday, hitting C$20.97. 1,205,594 shares of the company's stock were exchanged, compared to its average volume of 622,388. The firm's 50-day moving average price is C$17.84 and its two-hundred day moving average price is C$17.59. Alamos Gold has a fifty-two week low of C$14.80 and a fifty-two week high of C$22.00. The firm has a market cap of C$8.32 billion, a price-to-earnings ratio of 29.13, a P/E/G ratio of -2.10 and a beta of 0.97. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.36 and a quick ratio of 1.06.
Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI last issued its earnings results on Wednesday, February 21st. The company reported C$0.16 EPS for the quarter, hitting the consensus estimate of C$0.16. Alamos Gold had a net margin of 20.52% and a return on equity of 7.44%. The company had revenue of C$346.65 million for the quarter. On average, research analysts expect that Alamos Gold will post 0.7762158 EPS for the current year.
Insiders Place Their Bets
In other news, Senior Officer Mario Luis Chavez - Martinez sold 30,000 shares of Alamos Gold stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of C$18.66, for a total value of C$559,737.00. 0.29% of the stock is currently owned by insiders.
About Alamos Gold
(
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Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.
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