Shares of Alamos Gold Inc. (TSE:AGI – Get Free Report) (NYSE:AGI) have earned an average rating of “Buy” from the nine ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is C$24.90.
A number of research analysts recently issued reports on AGI shares. Canaccord Genuity Group raised their target price on shares of Alamos Gold from C$25.00 to C$29.00 in a research note on Tuesday, July 23rd. CIBC lifted their price objective on Alamos Gold from C$25.00 to C$38.00 and gave the stock an “outperform” rating in a research note on Monday, July 15th. Scotiabank upgraded Alamos Gold to a “strong-buy” rating in a research note on Tuesday, July 16th. National Bankshares dropped their price target on Alamos Gold from C$26.50 to C$26.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. Finally, TD Securities upped their price target on Alamos Gold from C$27.00 to C$31.00 in a report on Monday, July 22nd.
Get Our Latest Research Report on Alamos Gold
Insiders Place Their Bets
Alamos Gold Stock Performance
Shares of TSE AGI opened at C$25.84 on Friday. The business’s 50-day simple moving average is C$23.71 and its 200-day simple moving average is C$21.22. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.06 and a current ratio of 3.04. Alamos Gold has a 52 week low of C$14.80 and a 52 week high of C$27.57. The firm has a market cap of C$10.85 billion, a price-to-earnings ratio of 38.00, a P/E/G ratio of -2.10 and a beta of 1.09.
Alamos Gold (TSE:AGI – Get Free Report) (NYSE:AGI) last announced its quarterly earnings results on Wednesday, July 31st. The company reported C$0.33 EPS for the quarter, beating the consensus estimate of C$0.26 by C$0.07. Alamos Gold had a return on equity of 6.72% and a net margin of 17.72%. The company had revenue of C$455.07 million for the quarter. As a group, equities research analysts expect that Alamos Gold will post 1.1395548 earnings per share for the current fiscal year.
Alamos Gold Company Profile
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.
Featured Articles
- Five stocks we like better than Alamos Gold
- How to Effectively Use the MarketBeat Ratings Screener
- Does A&F’s Q2 Earnings Win Point to a Strong Holiday Season?
- What is Forex and How Does it Work?
- Best Buy Stock Flashes Bullish Signal, Challenges Remain
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Affirm Shows Buy-Now-Pay-Later Is Here to Stay in Latest Results
Receive News & Ratings for Alamos Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alamos Gold and related companies with MarketBeat.com's FREE daily email newsletter.