Alamos Gold Inc. (TSE:AGI) Stock Has Consensus Target Price of C$76.67 According to Brokerages

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) has been given a consensus rating of “Buy” by the three research firms that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a buy rating. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$76.67.

AGI has been the subject of several research analyst reports. Canadian Imperial Bank of Commerce reduced their price target on shares of Alamos Gold from C$82.00 to C$75.00 in a research report on Thursday, July 30th. National Bank Financial lifted their price objective on shares of Alamos Gold from C$76.00 to C$81.00 and gave the stock an “outperform” rating in a research report on Monday, September 21st.

Alamos Gold Price Performance

TSE AGI opened at C$46.91 on Friday. The company has a current ratio of 1.78, a quick ratio of 1.05 and a debt-to-equity ratio of 4.50. Alamos Gold has a 1 year low of C$38.03 and a 1 year high of C$75.78. The company has a market cap of C$19.64 billion, a PE ratio of 16.81, a PEG ratio of -2.10 and a beta of 2.13. The stock’s 50-day moving average price is C$47.41 and its two-hundred day moving average price is C$51.76.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its earnings results on Wednesday, July 29th. The company reported C$0.84 EPS for the quarter. The company had revenue of C$844.09 million during the quarter. Alamos Gold had a net margin of 52.85% and a return on equity of 26.10%. On average, analysts predict that Alamos Gold will post 1.4774775 EPS for the current year.

About Alamos Gold

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.