Shares of Alamos Gold Inc (TSE:AGI) (NYSE:AGI) hit a new 52-week low during trading on Tuesday . The company traded as low as C$6.94 and last traded at C$6.99, with a volume of 466397 shares traded. The stock had previously closed at C$7.11.
AGI has been the subject of a number of research reports. BMO Capital Markets dropped their price target on Alamos Gold from C$14.00 to C$11.50 in a research note on Friday, November 24th. Raymond James Financial lowered their price objective on Alamos Gold from C$12.50 to C$12.00 in a research note on Monday, October 23rd. CIBC decreased their price target on Alamos Gold from C$13.50 to C$12.00 in a research note on Thursday, December 14th. Canaccord Genuity raised their price target on Alamos Gold from C$13.00 to C$13.50 in a research note on Friday, January 19th. Finally, Laurentian set a C$9.50 price objective on Alamos Gold and gave the stock a “buy” rating in a report on Monday. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Alamos Gold currently has an average rating of “Buy” and an average target price of C$12.11.
The firm has a market cap of $2,770.00 and a price-to-earnings ratio of 230.67.
In related news, Director John Mccluskey acquired 5,000 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was acquired at an average price of C$7.92 per share, with a total value of C$39,600.00. In the last three months, insiders bought 8,000 shares of company stock valued at $63,360.
ILLEGAL ACTIVITY WARNING: This report was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this report on another domain, it was copied illegally and reposted in violation of U.S. & international copyright law. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2018/02/06/alamos-gold-agi-reaches-new-12-month-low-at-6-94.html.
About Alamos Gold
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.