Alamos Gold Inc Cls A (AGI) Price Target Raised to C$11.50
Other analysts have also recently issued research reports about the stock. Canaccord Genuity reduced their target price on shares of Alamos Gold Inc Cls A from C$12.50 to C$12.00 in a research note on Monday, October 24th. Desjardins reduced their target price on shares of Alamos Gold Inc Cls A from C$13.50 to C$12.50 in a research note on Thursday, October 20th. Royal Bank Of Canada upgraded shares of Alamos Gold Inc Cls A from a sector perform rating to an outperform rating and set a C$11.00 target price for the company in a research note on Monday, December 12th. Finally, Scotiabank restated a sector perform rating and issued a C$10.00 target price on shares of Alamos Gold Inc Cls A in a research note on Monday, January 16th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of C$11.29.
Alamos Gold Inc Cls A (TSE:AGI) traded up 0.89% during trading on Friday, reaching $11.36. 976,939 shares of the company’s stock traded hands. Alamos Gold Inc Cls A has a 1-year low of $5.55 and a 1-year high of $13.65. The firm has a 50 day moving average of $10.74 and a 200 day moving average of $10.20. The firm’s market capitalization is $3.03 billion.
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Alamos Gold Inc Cls A Company Profile
Alamos Gold Inc is a Canada-based mid-tier gold producer. The Company is engaged in the acquisition, exploration, development and extraction of precious metals. It is engaged in the exploration and development activities in Mexico, Turkey and the United States. It owns and operates the Mulatos mine in Mexico and holds the mineral rights to the Salamandra group of concessions in the State of Sonora, Mexico, which includes several satellite gold occurrences.
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