Alamos Gold (AGI) Hits New 1-Year Low at $7.28
Alamos Gold Inc (TSE:AGI) (NYSE:AGI)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as C$7.28 and last traded at C$7.31, with a volume of 364112 shares. The stock had previously closed at C$7.37.
A number of equities analysts have recently commented on the company. Scotiabank dropped their target price on Alamos Gold to C$11.50 and set a “sector perform” rating for the company in a report on Monday, December 18th. Canaccord Genuity lifted their target price on Alamos Gold from C$13.00 to C$13.50 in a report on Friday, January 19th. CIBC dropped their target price on Alamos Gold from C$13.50 to C$12.00 in a report on Thursday, December 14th. Desjardins reiterated a “hold” rating on shares of Alamos Gold in a report on Monday, December 11th. Finally, Raymond James Financial dropped their target price on Alamos Gold from C$12.50 to C$12.00 in a report on Monday, October 23rd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Alamos Gold presently has a consensus rating of “Buy” and a consensus price target of C$12.44.
The firm has a market capitalization of $2,840.00 and a price-to-earnings ratio of 245.00.
In other Alamos Gold news, Director John Mccluskey acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The stock was bought at an average price of C$7.92 per share, for a total transaction of C$39,600.00. In the last 90 days, insiders have purchased 15,000 shares of company stock valued at $120,370.
TRADEMARK VIOLATION WARNING: “Alamos Gold (AGI) Hits New 1-Year Low at $7.28” was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece on another domain, it was copied illegally and reposted in violation of international copyright & trademark laws. The legal version of this piece can be accessed at https://www.watchlistnews.com/alamos-gold-agi-hits-new-1-year-low-at-7-28/1838591.html.
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.
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 MarketBeat.com's FREE daily email newsletter.