Alamos Gold Given “Sell” Rating at TheStreet (AGI)
Alamos Gold (NYSE:AGI)‘s stock had its “sell” rating reaffirmed by TheStreet in a research note issued on Monday, Analyst Ratings.Net reports.
Alamos Gold (NYSE:AGI) traded down 2.55% during mid-day trading on Monday, hitting $9.19. 199,512 shares of the company’s stock traded hands. Alamos Gold has a one year low of $8.87 and a one year high of $17.38. The stock’s 50-day moving average is $9.65 and its 200-day moving average is $11.43. The company has a market cap of $1.170 billion and a P/E ratio of 31.43.
Alamos Gold (NYSE:AGI) last released its earnings data on Thursday, April 24th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. The company had revenue of $41.50 million for the quarter, compared to the consensus estimate of $48.82 million. The company’s revenue for the quarter was down 51.9% on a year-over-year basis. Analysts expect that Alamos Gold will post $0.07 EPS for the current fiscal year.
The company also recently announced a semiannual dividend, which is scheduled for Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.10 per share. This represents a dividend yield of 2.18%. The ex-dividend date is Friday, April 11th.
A number of other firms have also recently commented on AGI. Analysts at Mackie upgraded shares of Alamos Gold from a “hold” rating to a “buy” rating in a research note on Tuesday, April 1st. Separately, analysts at Scotiabank upgraded shares of Alamos Gold to a “sector underperform” rating in a research note on Monday, March 31st. Finally, analysts at Cowen and Company raised their price target on shares of Alamos Gold from $15.84 to $17.10 in a research note on Friday, March 21st. They now have an “outperform” rating on the stock. Two analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company. Alamos Gold currently has an average rating of “Hold” and an average target price of $17.35.
Alamos Gold Inc is engaged in the acquisition, exploration, development and extraction of precious metals in Mexico and Turkey.
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