Alamos Gold Inc (AGI) Given Average Recommendation of “Buy” by Brokerages

Alamos Gold Inc (TSE:AGI) (NYSE:AGI) has been assigned a consensus recommendation of “Hold” from the nine analysts that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$12.29.

Several research firms have recently issued reports on AGI. Canaccord Genuity upped their price objective on Alamos Gold from C$13.00 to C$13.50 in a research note on Friday. Desjardins reaffirmed a “hold” rating on shares of Alamos Gold in a research note on Monday, December 11th. BMO Capital Markets lowered their price objective on Alamos Gold from C$14.00 to C$11.50 in a research note on Friday, November 24th. Scotiabank lowered their price objective on Alamos Gold to C$11.50 and set a “sector perform” rating for the company in a research note on Monday, December 18th. Finally, CIBC lowered their price objective on Alamos Gold from C$13.50 to C$12.00 in a research note on Thursday, December 14th.

In other news, Director John Mccluskey acquired 5,000 shares of the stock in a transaction dated Friday, November 10th. The stock was bought at an average price of C$7.92 per share, with a total value of C$39,600.00. Insiders bought 15,000 shares of company stock valued at $120,370 in the last ninety days.

Alamos Gold (TSE AGI) opened at C$7.58 on Friday. The company has a market capitalization of $2,950.00 and a PE ratio of 252.67. Alamos Gold has a 52 week low of C$7.32 and a 52 week high of C$11.83.

Alamos Gold (TSE:AGI) (NYSE:AGI) last issued its earnings results on Thursday, November 2nd. The company reported C$0.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.03 by C$0.03. Alamos Gold had a return on equity of 5.68% and a net margin of 22.36%.

ILLEGAL ACTIVITY WARNING: This article was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another website, it was illegally stolen and reposted in violation of international trademark & copyright laws. The legal version of this article can be accessed at

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.

Analyst Recommendations for Alamos Gold (TSE:AGI)

Receive News & Ratings for Alamos Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alamos Gold and related companies with's FREE daily email newsletter.

Leave a Reply