Alamos Gold (AGI) Rating Reiterated by Desjardins

Alamos Gold (TSE:AGI) (NYSE:AGI)‘s stock had its “hold” rating reiterated by equities research analysts at Desjardins in a research report issued to clients and investors on Monday. Desjardins also issued estimates for Alamos Gold’s FY2017 earnings at $0.24 EPS, FY2018 earnings at $0.23 EPS, FY2020 earnings at $0.46 EPS and FY2021 earnings at $0.59 EPS.

Other equities analysts have also issued research reports about the company. BMO Capital Markets decreased their price target on Alamos Gold from C$14.00 to C$11.50 in a research note on Friday, November 24th. Raymond James Financial decreased their price target on Alamos Gold from C$12.50 to C$12.00 in a research note on Monday, October 23rd. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Alamos Gold currently has an average rating of “Buy” and a consensus target price of C$12.63.

Alamos Gold (TSE AGI) opened at C$7.93 on Monday. Alamos Gold has a 12 month low of C$7.53 and a 12 month high of C$11.83.

In other Alamos Gold news, Director Paul Murphy purchased 5,000 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were acquired at an average price of C$8.15 per share, with a total value of C$40,750.00. In the last ninety days, insiders bought 15,500 shares of company stock worth $124,875.

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About Alamos Gold

Alamos Gold Inc is a Canada-based company, which is engaged in the acquisition, exploration, development and extraction of precious metals. The Company’s segments include Young-Davidson, Mulatos, El Chanate and Corporate/other. Its Corporate and other segment consists of exploration and development projects.

Analyst Recommendations for Alamos Gold (TSE:AGI)

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