Alamos Gold Inc. (TSE:AGI – Get Free Report) (NYSE:AGI) has received a consensus recommendation of “Buy” from the eight analysts that are currently covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$33.41.
A number of analysts have commented on the stock. Canaccord Genuity Group increased their price target on shares of Alamos Gold from C$35.00 to C$39.00 and gave the company a “buy” rating in a research note on Thursday, February 27th. CIBC increased their price target on shares of Alamos Gold from C$44.00 to C$46.00 in a research note on Friday, February 21st. TD Securities raised their target price on shares of Alamos Gold from C$35.00 to C$37.00 and gave the stock a “buy” rating in a research note on Friday, February 28th. National Bankshares upgraded shares of Alamos Gold from a “sector perform” rating to an “outperform” rating and set a C$35.00 target price for the company in a research note on Tuesday, December 3rd. Finally, National Bank Financial upgraded shares of Alamos Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd.
Check Out Our Latest Stock Analysis on Alamos Gold
Alamos Gold Stock Performance
Insider Activity at Alamos Gold
In other news, Director David Alexander Fleck purchased 2,000 shares of Alamos Gold stock in a transaction dated Wednesday, December 18th. The shares were bought at an average cost of C$26.85 per share, for a total transaction of C$53,700.00. 0.27% of the stock is owned by insiders.
Alamos Gold Company Profile
Alamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating mines in North America: the Young-Davidson Mine in Canada and the Mulatos and El Chanate Mines in Sonora, Mexico. The Young-Davidson mine is the group’s largest revenue contributor, and the property also holds mineral leases and claims covering approximately 11,000 acres.
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