Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) has been assigned an average rating of “Hold” from the ten brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $10.83.
AGI has been the topic of several recent analyst reports. ValuEngine lowered Alamos Gold from a “hold” rating to a “sell” rating in a research note on Monday, September 11th. Royal Bank Of Canada set a $9.00 price target on Alamos Gold and gave the company a “hold” rating in a research note on Tuesday, October 10th. Zacks Investment Research raised Alamos Gold from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. BMO Capital Markets reaffirmed a “buy” rating and issued a $11.50 price target (down previously from $14.00) on shares of Alamos Gold in a research note on Friday, November 24th. Finally, BidaskClub raised Alamos Gold from a “sell” rating to a “hold” rating in a research note on Saturday, August 12th.
Shares of Alamos Gold (NYSE:AGI) opened at $6.33 on Friday. Alamos Gold has a fifty-two week low of $5.95 and a fifty-two week high of $9.00. The firm has a market capitalization of $2,450.00 and a P/E ratio of 108.50.
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Alamos Gold Company Profile
Alamos Gold Inc is a Canada-based mid-tier gold producer. The Company owns and operates the Mulatos Mine, as well as the Esperanza, Agi Dagi, Kirazli and Camyurt gold development projects. The Mulatos mine is located within the 30,536 hectares Salamandra group of concessions in the state of Sonora in northwest Mexico.
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