Alamos Gold Inc Expected to Post Q2 2017 Earnings of $0.03 Per Share (AGI)
Alamos Gold Inc (TSE:AGI) (NYSE:AGI) – Equities researchers at National Bank Financial issued their Q2 2017 EPS estimates for shares of Alamos Gold in a research report issued to clients and investors on Sunday. National Bank Financial analyst M. Parkin anticipates that the company will earn $0.03 per share for the quarter. National Bank Financial has a “Outperform Market Weight” rating on the stock.
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Separately, TD Securities raised shares of Alamos Gold from a “hold” rating to a “buy” rating and set a C$12.50 price objective on the stock in a research report on Friday, May 5th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of C$12.78.
Shares of Alamos Gold (TSE:AGI) opened at 8.50 on Tuesday. The company’s market capitalization is $2.54 billion. The company has a 50 day moving average price of $9.13 and a 200 day moving average price of $9.89. Alamos Gold has a 1-year low of $7.86 and a 1-year high of $12.70.
In other Alamos Gold news, insider James Porter acquired 4,410 shares of the company’s stock in a transaction dated Wednesday, May 24th. The shares were purchased at an average cost of C$8.31 per share, for a total transaction of C$36,647.10.
About Alamos Gold
Alamos Gold Inc is a Canada-based company, which is engaged in the acquisition, exploration, development and extraction of precious metals. The Company’s segments include Young-Davidson, Mulatos, El Chanate and Corporate/other. Its Corporate and other segment consists of exploration and development projects.
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