Alamos Gold Inc (AGI) Set to Announce Earnings on Thursday
Alamos Gold Inc (TSE:AGI) (NYSE:AGI) is scheduled to post its quarterly earnings results before the market opens on Thursday, August 3rd. Analysts expect Alamos Gold to post earnings of $0.03 per share for the quarter.
Shares of Alamos Gold Inc (TSE:AGI) traded down 1.93% during mid-day trading on Thursday, reaching $8.65. 550,270 shares of the company’s stock traded hands. The firm’s market cap is $2.59 billion. Alamos Gold Inc has a one year low of $7.86 and a one year high of $12.70. The firm’s 50-day moving average is $9.08 and its 200 day moving average is $9.86.
Several brokerages recently weighed in on AGI. National Bank Financial reaffirmed an “outperform market weight” rating on shares of Alamos Gold in a report on Sunday. TD Securities raised Alamos Gold from a “hold” rating to a “buy” rating and set a C$12.50 price target for the company in a report on Friday, May 5th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of C$12.78.
In other news, insider James Porter purchased 4,410 shares of the company’s stock in a transaction dated Wednesday, May 24th. The stock was acquired at an average price of C$8.31 per share, for a total transaction of C$36,647.10.
Alamos Gold Company Profile
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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