Alamos Gold (AGI) Announces Quarterly Earnings Results, Meets Expectations
Alamos Gold (TSE:AGI) issued its quarterly earnings data on Friday. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01, StockRatingsNetwork.com reports.
AGI has been the subject of a number of recent research reports. Analysts at Canaccord Genuity cut their price target on shares of Alamos Gold from C$14.50 to C$13.50 in a research note on Thursday, July 10th. They now have a “buy” rating on the stock. Analysts at TD Securities raised their price target on shares of Alamos Gold from C$14.00 to C$15.00 in a research note on Thursday, July 10th. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of C$13.68.
Shares of Alamos Gold (TSE:AGI) opened at 9.70 on Friday. Alamos Gold has a one year low of $8.70 and a one year high of $17.86. The stock has a 50-day moving average of $10.4 and a 200-day moving average of $10.42. The company has a market cap of $1.235 billion and a price-to-earnings ratio of 85.42.
Alamos Gold Inc is engaged in the acquisition, exploration, development and extraction of precious metals in Mexico and Turkey.
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