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Equities researchers at Morgan Stanley began coverage on shares of Alamos Gold (TSE:AGI) in a research report issued on Wednesday. The firm set an “equal weight” rating on the stock.

A number of other firms have also recently commented on AGI. Analysts at Scotiabank upgraded shares of Alamos Gold to a “sector perform” rating in a research note on Monday, August 4th. Separately, analysts at Desjardins cut their price target on shares of Alamos Gold from C$13.00 to C$11.75 in a research note on Friday, August 1st. Finally, analysts at Cowen and Company cut their price target on shares of Alamos Gold from C$15.77 to C$15.60 in a research note on Friday, August 1st. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company. Alamos Gold presently has a consensus rating of “Hold” and a consensus target price of C$13.67.

Shares of Alamos Gold (TSE:AGI) traded up 0.10% on Wednesday, hitting $9.90. 176,112 shares of the company’s stock traded hands. Alamos Gold has a 1-year low of $8.70 and a 1-year high of $17.76. The stock has a 50-day moving average of $10.25 and a 200-day moving average of $10.30. The company has a market cap of $1.261 billion and a P/E ratio of 154.53.

Alamos Gold (TSE:AGI) last announced its earnings results on Friday, August 1st. The company reported $0.01 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.01. 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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