Alamos Gold Inc (AGI) Receives C$8.86 Consensus PT from Analysts

Shares of Alamos Gold Inc (TSE:AGI) (NYSE:AGI) have been assigned an average recommendation of “Buy” from the eight analysts that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$8.86.

AGI has been the topic of a number of research reports. Raymond James reaffirmed an “outperform” rating and issued a C$8.50 price target on shares of Alamos Gold in a research note on Wednesday, February 20th. National Bank Financial cut their price target on shares of Alamos Gold from C$7.25 to C$7.00 and set an “outperform” rating on the stock in a research note on Monday, February 4th. Finally, CIBC lowered their price objective on shares of Alamos Gold from C$10.00 to C$8.25 in a report on Monday, January 21st.

Shares of AGI opened at C$6.33 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.05 and a current ratio of 3.26. Alamos Gold has a twelve month low of C$3.88 and a twelve month high of C$7.97. The company has a market capitalization of $2.47 billion and a price-to-earnings ratio of -41.92.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its quarterly earnings results on Wednesday, February 20th. The company reported C$0.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.03 by C($0.01). The business had revenue of C$215.58 million for the quarter. Analysts anticipate that Alamos Gold will post 0.18999999699842 earnings per share for the current year.

Alamos Gold Company Profile

Alamos Gold Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company's flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada.

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Analyst Recommendations for Alamos Gold (TSE:AGI)

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