Could Alamos Gold Inc. (AGI) See a Reversal After This Very Weak Session?

The stock of Alamos Gold Inc. (NYSE:AGI) is a huge mover today! The stock decreased 3.15% or $0.2 during the last trading session, reaching $6.14. About 3.35M shares traded or 11.49% up from the average. Alamos Gold Inc. (NYSE:AGI) has risen 19.31% since September 13, 2018 and is uptrending. It has outperformed by 19.31% the S&P500.
The move comes after 8 months negative chart setup for the $2.40B company. It was reported on Sep, 13 by We have $5.71 PT which if reached, will make NYSE:AGI worth $168.14 million less.

Analysts await Alamos Gold Inc. (NYSE:AGI) to report earnings on November, 7. AGI’s profit will be $31.30M for 19.19 P/E if the $0.08 EPS becomes a reality. After $0.05 actual earnings per share reported by Alamos Gold Inc. for the previous quarter, Wall Street now forecasts 60.00 % EPS growth.

Alamos Gold Inc. (NYSE:AGI) Ratings Coverage

Among 2 analysts covering Alamos Gold Inc (NYSE:AGI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Alamos Gold Inc has $9 highest and $7 lowest target. $8’s average target is 30.29% above currents $6.14 stock price. Alamos Gold Inc had 5 analyst reports since March 21, 2019 according to SRatingsIntel. IBC maintained Alamos Gold Inc. (NYSE:AGI) rating on Friday, June 21. IBC has “Buy” rating and $9 target.

More notable recent Alamos Gold Inc. (NYSE:AGI) news were published by: which released: “Stocks That Achieved 52-Week Highs Monday Morning – Benzinga” on August 05, 2019, also with their article: “Alamos Gold: Perhaps Time For A Pause – Seeking Alpha” published on August 12, 2019, published: “25 Stocks Moving In Monday’s Pre-Market Session – Benzinga” on August 05, 2019. More interesting news about Alamos Gold Inc. (NYSE:AGI) were released by: and their article: “Alamos Gold: Kirazli Solidifies The Long-Term Growth Outlook – Seeking Alpha” published on March 26, 2019 as well as‘s news article titled: “Why Shares of Alamos Gold Have Jumped 68% So Far in 2019 – Yahoo Finance” with publication date: July 07, 2019.

Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. The company has market cap of $2.40 billion. It also explores for silver and precious metals. It currently has negative earnings. The firm holds interests in the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada; the Mulatos mine located within the Salamandra Concessions in the Sierra Madre Occidental mountain range in the east-central portion of the State of Sonora, Mexico; and the El Chanate mine that comprises 22 mineral concessions covering 4,618 hectares situated in the State of Sonora, Mexico.

Alamos Gold Inc. (NYSE:AGI) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.