Alamos Gold (TSE:AGI – Get Free Report) (NYSE:AGI) had its price objective cut by National Bankshares from C$27.50 to C$27.00 in a research note issued to investors on Friday, BayStreet.CA reports. National Bankshares’ target price would suggest a potential upside of 28.63% from the stock’s previous close.
Several other analysts also recently issued reports on AGI. Desjardins decreased their price objective on shares of Alamos Gold from C$19.50 to C$18.75 and set a “hold” rating for the company in a research note on Friday, January 12th. Haywood Securities lifted their price objective on shares of Alamos Gold from C$20.00 to C$22.50 in a report on Monday, April 1st. Jefferies Financial Group set a C$14.00 price objective on shares of Alamos Gold and gave the company a “buy” rating in a report on Thursday, February 29th. BMO Capital Markets raised their target price on shares of Alamos Gold from C$23.00 to C$26.00 and gave the company an “outperform” rating in a research note on Thursday, March 28th. Finally, TD Securities raised their target price on shares of Alamos Gold from C$23.00 to C$24.00 and gave the company a “buy” rating in a research note on Thursday, March 28th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$22.10.
Get Our Latest Report on Alamos Gold
Alamos Gold Stock Performance
Alamos Gold (TSE:AGI – Get Free Report) (NYSE:AGI) last announced its quarterly earnings data on Wednesday, February 21st. The company reported C$0.16 earnings per share (EPS) for the quarter, hitting the consensus estimate of C$0.16. The business had revenue of C$346.65 million during the quarter. Alamos Gold had a net margin of 20.52% and a return on equity of 7.44%. On average, equities research analysts expect that Alamos Gold will post 0.7762158 EPS for the current fiscal year.
Insider Buying and Selling at Alamos Gold
In other news, Senior Officer Mario Luis Chavez – Martinez sold 30,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of C$18.66, for a total transaction of C$559,737.00. 0.29% of the stock is owned by corporate insiders.
About Alamos Gold
Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.
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