Shares of Alamos Gold Inc. (TSE:AGI – Get Free Report) (NYSE:AGI) have earned an average recommendation of “Buy” from the three research firms that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$74.70.
Separately, Canadian Imperial Bank of Commerce dropped their price objective on shares of Alamos Gold from C$82.00 to C$75.00 in a report on Thursday, July 30th.
Check Out Our Latest Research Report on Alamos Gold
Alamos Gold Stock Down 1.7%
Alamos Gold (TSE:AGI – Get Free Report) (NYSE:AGI) last issued its quarterly earnings results on Wednesday, July 29th. The company reported C$0.84 earnings per share (EPS) for the quarter. The business had revenue of C$844.09 million for the quarter. Alamos Gold had a net margin of 52.85% and a return on equity of 26.10%. Sell-side 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.
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