Shares of Alamos Gold Inc (TSE:AGI) (NYSE:AGI) have been assigned a consensus rating of “Buy” from the nine ratings firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$11.81.
A number of equities research analysts have recently commented on the company. BMO Capital Markets dropped their target price on Alamos Gold from C$14.00 to C$11.50 in a research report on Friday, November 24th. Desjardins restated a “hold” rating on shares of Alamos Gold in a research report on Monday, December 11th. CIBC dropped their target price on Alamos Gold from C$13.50 to C$12.00 in a research report on Thursday, December 14th. Scotiabank dropped their target price on Alamos Gold to C$11.50 and set a “sector perform” rating on the stock in a research report on Monday, December 18th. Finally, Canaccord Genuity raised their price target on shares of Alamos Gold from C$13.00 to C$13.50 in a research note on Friday, January 19th.
In related news, Director Claire Marie Catherin Kennedy purchased 4,000 shares of the firm’s stock in a transaction that occurred on Friday, March 2nd. The shares were purchased at an average cost of C$6.84 per share, with a total value of C$27,360.00. Also, Director David Alexander Fleck bought 10,000 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was acquired at an average cost of C$6.59 per share, for a total transaction of C$65,900.00. Insiders purchased a total of 63,000 shares of company stock worth $418,175 over the last ninety days.
Alamos Gold (TSE AGI) traded up C$0.05 during trading hours on Friday, hitting C$6.62. The stock had a trading volume of 193,897 shares, compared to its average volume of 866,262. Alamos Gold has a 52-week low of C$6.19 and a 52-week high of C$11.36. The firm has a market cap of $2,560.00 and a PE ratio of 60.36.
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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.
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