Alamos Gold Inc. (TSE:AGI – Get Rating) (NYSE:AGI) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$15.67 and last traded at C$15.52, with a volume of 898570 shares changing hands. The stock had previously closed at C$14.55.
Wall Street Analyst Weigh In
AGI has been the topic of several research reports. Haywood Securities upped their price target on Alamos Gold from C$13.50 to C$15.00 in a research note on Tuesday, January 17th. CIBC upped their price target on Alamos Gold from C$18.50 to C$19.00 and gave the company an “outperform” rating in a research note on Friday, February 24th. National Bankshares upped their price target on Alamos Gold from C$18.00 to C$18.25 and gave the company an “outperform” rating in a research note on Friday, February 24th. National Bank Financial upped their price target on Alamos Gold from C$18.00 to C$18.25 in a research note on Friday, February 24th. Finally, BMO Capital Markets increased their target price on Alamos Gold from C$14.00 to C$16.00 in a research note on Monday, January 16th. Four research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$15.64.
Alamos Gold Stock Up 6.9 %
The firm has a 50 day simple moving average of C$14.39 and a two-hundred day simple moving average of C$12.52. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.42 and a quick ratio of 1.06. The stock has a market cap of C$6.13 billion, a price-to-earnings ratio of 129.67, a price-to-earnings-growth ratio of -2.10 and a beta of 1.04.
Alamos Gold Cuts Dividend
Insiders Place Their Bets
In other Alamos Gold news, Senior Officer Mario Luis Chavez – Martinez sold 14,167 shares of the stock in a transaction dated Friday, December 23rd. The stock was sold at an average price of C$13.70, for a total value of C$194,077.98. Following the completion of the sale, the insider now directly owns 86,994 shares in the company, valued at C$1,191,756.90. Corporate insiders own 0.30% of the company’s stock.
About Alamos Gold
Alamos gold holding oorperatief u.a. operates as a subsidiary of Alamos Gold Inc
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