Alamos Gold (TSE:AGI) Price Target Raised to C$81.00

Alamos Gold (TSE:AGI) (NYSE:AGI) had its price objective upped by National Bank Financial from C$76.00 to C$81.00 in a research note issued to investors on Monday,BayStreet reports. National Bank Financial currently has an outperform rating on the stock.

Separately, Canadian Imperial Bank of Commerce cut their price objective on Alamos Gold from C$82.00 to C$75.00 in a research report on Thursday, July 30th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$76.67.

Alamos Gold Stock Performance

Shares of AGI opened at C$48.57 on Monday. The company has a market capitalization of C$20.33 billion, a PE ratio of 17.41, a price-to-earnings-growth ratio of -2.10 and a beta of 2.13. The company has a debt-to-equity ratio of 4.50, a current ratio of 1.78 and a quick ratio of 1.05. Alamos Gold has a one year low of C$38.03 and a one year high of C$75.78. The company’s fifty day moving average price is C$46.82 and its 200 day moving average price is C$52.35.

Alamos Gold (TSE:AGI) (NYSE:AGI) last released its quarterly earnings results on Wednesday, July 29th. The company reported C$0.84 earnings per share (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%. As a group, analysts expect that Alamos Gold will post 1.4774775 earnings per share 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.