Shares of Alamos Gold Inc (TSE:AGI) (NYSE:AGI) hit a new 52-week low during trading on Thursday . The company traded as low as C$6.23 and last traded at C$6.31, with a volume of 1108447 shares. The stock had previously closed at C$6.78.
A number of analysts have recently commented on AGI shares. BMO Capital Markets reduced their price target on shares of Alamos Gold from C$14.00 to C$11.50 in a research note on Friday, November 24th. CIBC reduced their price target on shares of Alamos Gold from C$13.50 to C$12.00 in a research note on Thursday, December 14th. Canaccord Genuity lifted their price target on shares of Alamos Gold from C$13.00 to C$13.50 in a research note on Friday, January 19th. Laurentian set a C$9.50 price target on shares of Alamos Gold and gave the stock a “buy” rating in a research note on Monday, February 5th. Finally, Desjardins reiterated a “hold” rating on shares of Alamos Gold in a research note on Monday, December 11th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Alamos Gold has a consensus rating of “Buy” and an average target price of C$12.13.
The company has a market cap of $2,470.00 and a PE ratio of 211.00.
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Alamos Gold Company Profile
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.
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