Shares of Alamos Gold Inc. (TSE:AGI - Get Free Report) NYSE: AGI have earned a consensus recommendation of "Buy" from the ten ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, seven have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is C$26.50.
A number of research analysts have recently issued reports on AGI shares. CIBC raised their price objective on Alamos Gold from C$38.00 to C$40.00 in a research note on Monday, December 2nd. BMO Capital Markets lifted their price target on Alamos Gold from C$27.00 to C$31.00 and gave the stock an "outperform" rating in a research note on Monday, September 16th. National Bankshares raised Alamos Gold from a "sector perform" rating to an "outperform" rating and set a C$35.00 price objective for the company in a research note on Tuesday, December 3rd. Finally, National Bank Financial raised shares of Alamos Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd.
Get Our Latest Stock Report on Alamos Gold
Shares of TSE:AGI opened at C$26.39 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.06 and a current ratio of 3.04. The firm has a fifty day moving average of C$27.07 and a 200 day moving average of C$25.32. Alamos Gold has a 52-week low of C$15.27 and a 52-week high of C$29.66. The firm has a market capitalization of C$11.08 billion, a PE ratio of 38.81, a price-to-earnings-growth ratio of -2.10 and a beta of 1.10.
Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI last announced its quarterly earnings data on Wednesday, November 6th. The company reported C$0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.30 by C($0.04). Alamos Gold had a net margin of 17.72% and a return on equity of 6.72%. The business had revenue of C$492.35 million during the quarter. As a group, research analysts anticipate that Alamos Gold will post 1.4774775 EPS for the current fiscal year.
In other news, Director David Alexander Fleck purchased 2,000 shares of the company's stock in a transaction that occurred on Wednesday, December 18th. The shares were bought at an average cost of C$26.85 per share, for a total transaction of C$53,700.00. 0.27% of the stock is owned by corporate insiders.
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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