Alamos Gold (TSE:AGI) Price Target Lowered to C$87.00 at National Bank Financial

Alamos Gold (TSE:AGI) (NYSE:AGI) had its price target decreased by National Bank Financial from C$88.00 to C$87.00 in a report published on Friday,BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.

A number of other research firms also recently commented on AGI. Haywood Securities cut their target price on shares of Alamos Gold from C$77.50 to C$71.50 in a research report on Friday, February 6th. TD Securities lifted their target price on shares of Alamos Gold from C$55.00 to C$66.00 in a research report on Thursday, January 22nd. Bank of America lifted their target price on shares of Alamos Gold from C$67.00 to C$78.50 in a research report on Thursday, February 26th. Stifel Nicolaus lifted their target price on shares of Alamos Gold from C$65.00 to C$80.00 in a research report on Tuesday, February 10th. Finally, Canadian Imperial Bank of Commerce lifted their target price on shares of Alamos Gold from C$80.00 to C$90.00 in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to data from MarketBeat.com, Alamos Gold has a consensus rating of “Buy” and an average price target of C$76.00.

Alamos Gold Trading Up 1.9%

TSE:AGI opened at C$67.62 on Friday. The company has a current ratio of 1.72, a quick ratio of 1.06 and a debt-to-equity ratio of 5.27. Alamos Gold has a 12 month low of C$32.90 and a 12 month high of C$75.78. The company has a market cap of C$28.40 billion, a PE ratio of 32.20, a price-to-earnings-growth ratio of -2.10 and a beta of 1.77. The company has a 50 day simple moving average of C$63.94 and a two-hundred day simple moving average of C$55.33.

Alamos Gold (TSE:AGI) (NYSE:AGI) last posted its earnings results on Thursday, February 19th. The company reported C$0.74 EPS for the quarter. Alamos Gold had a net margin of 49.07% and a return on equity of 22.48%. The business had revenue of C$765.13 million during the quarter. Research analysts forecast that Alamos Gold will post 1.4774775 earnings per share for the current year.

Alamos Gold Company Profile

Alamos is a Canadian-based intermediate gold producer with diversified production from three operations in North America. This includes the Island Gold District and Young-Davidson mine in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the Company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 2,400 people and is committed to the highest standards of sustainable development.