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Shares of Alamos Gold (NYSE:AGI) have been given an average recommendation of “Hold” by the twelve brokerages that are covering the stock, AR Network reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $16.12.

A number of analysts have recently weighed in on AGI shares. Analysts at Scotiabank upgraded shares of Alamos Gold from an “underperform” rating to a “sector perform” rating in a research note on Friday. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Alamos Gold in a research note on Thursday, May 29th. They now have a $10.50 price target on the stock, down previously from $11.00.

Shares of Alamos Gold (NYSE:AGI) traded down 2.09% on Monday, hitting $9.37. 22,079 shares of the company’s stock traded hands. Alamos Gold has a one year low of $8.00 and a one year high of $17.38. The stock has a 50-day moving average of $9.71 and a 200-day moving average of $9.49. The company has a market cap of $1.193 billion and a P/E ratio of 79.09.

Alamos Gold (NYSE:AGI) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. The company had revenue of $43.84 million for the quarter, compared to the consensus estimate of $49.38 million. During the same quarter in the previous year, the company posted ($0.07) earnings per share. The company’s revenue for the quarter was down 44.0% on a year-over-year basis. On average, analysts predict that Alamos Gold will post $0.09 earnings per share for the current fiscal year.

Alamos Gold Inc is engaged in the acquisition, exploration, development and extraction of precious metals in Mexico and Turkey.

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