Alamos Gold (TSE:AGI) Price Target Lowered to C$11.50 at BMO Capital Markets

Alamos Gold (TSE:AGI) (NYSE:AGI) had its target price decreased by BMO Capital Markets from C$14.00 to C$11.50 in a report released on Friday, November 24th.

Several other research analysts also recently commented on the company. Raymond James Financial decreased their price objective on Alamos Gold from C$12.50 to C$12.00 in a research note on Monday, October 23rd. TD Securities lifted their target price on Alamos Gold from C$12.50 to C$13.50 and gave the company a buy rating in a research note on Friday, August 4th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of C$12.63.

Alamos Gold (TSE AGI) opened at C$7.71 on Friday. Alamos Gold has a 12 month low of C$7.53 and a 12 month high of C$11.83.

In other news, Director Paul Murphy purchased 5,000 shares of the business’s stock in a transaction on Monday, November 6th. The stock was acquired at an average price of C$8.15 per share, for a total transaction of C$40,750.00. Also, insider James Porter purchased 10,000 shares of the business’s stock in a transaction on Wednesday, September 13th. The shares were purchased at an average price of C$8.91 per share, with a total value of C$89,100.00. Insiders have purchased a total of 25,500 shares of company stock worth $213,975 in the last three months.

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Alamos Gold Company Profile

Alamos Gold Inc is a Canada-based company, which is engaged in the acquisition, exploration, development and extraction of precious metals. The Company’s segments include Young-Davidson, Mulatos, El Chanate and Corporate/other. Its Corporate and other segment consists of exploration and development projects.

Analyst Recommendations for Alamos Gold (TSE:AGI)

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