Alamos Gold (TSE:AGI – Get Rating) (NYSE:AGI) had its price objective raised by National Bankshares from C$15.00 to C$17.50 in a research note issued on Friday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price target suggests a potential upside of 18.81% from the company’s current price.
Separately, CIBC lifted their target price on Alamos Gold from C$13.00 to C$15.00 and gave the stock an “outperform” rating in a report on Thursday, October 27th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$13.23.
Alamos Gold Price Performance
Shares of AGI opened at C$14.73 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.06 and a current ratio of 2.40. The stock has a 50 day simple moving average of C$13.18 and a 200 day simple moving average of C$11.04. Alamos Gold has a 52-week low of C$8.30 and a 52-week high of C$15.25. The firm has a market capitalization of C$5.80 billion and a PE ratio of 184.13.
Insiders Place Their Bets
In other news, Senior Officer Christine Barwell sold 3,166 shares of the company’s stock in a transaction on Tuesday, November 8th. The stock was sold at an average price of C$11.34, for a total transaction of C$35,902.44. Following the transaction, the insider now directly owns 39,858 shares of the company’s stock, valued at C$451,989.72. In other news, Senior Officer Christine Barwell sold 3,166 shares of the firm’s stock in a transaction that occurred on Tuesday, November 8th. The shares were sold at an average price of C$11.34, for a total transaction of C$35,902.44. Following the completion of the sale, the insider now owns 39,858 shares in the company, valued at approximately C$451,989.72. Also, Director John Mccluskey sold 100,000 shares of Alamos Gold stock in a transaction that occurred on Wednesday, November 9th. The shares were sold at an average price of C$11.42, for a total transaction of C$1,142,400.00. Following the completion of the sale, the director now owns 676,193 shares of the company’s stock, valued at approximately C$7,724,828.83. Insiders have sold 302,777 shares of company stock valued at $3,604,267 over the last ninety days.
Alamos Gold Company Profile
Alamos gold holding oorperatief u.a. operates as a subsidiary of Alamos Gold Inc
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