Alamos Gold Inc. (NYSE:AGI) traded down 1.3% on Monday . The stock traded as low as $9.30 and last traded at $9.41, with a volume of 726,859 shares changing hands. The stock had previously closed at $9.53.

Several research analysts recently issued reports on AGI shares. Credit Suisse Group AG reaffirmed a “hold” rating on shares of Alamos Gold in a research report on Saturday, May 14th. National Bank Financial reaffirmed a “sector perform” rating on shares of Alamos Gold in a research report on Monday, April 11th. Canaccord Genuity lowered Alamos Gold from a “buy” rating to a “hold” rating in a research report on Tuesday, May 3rd. CIBC reaffirmed a “sector outperform” rating and set a $7.50 target price (up from $7.00) on shares of Alamos Gold in a research report on Friday, April 1st. Finally, Scotiabank lowered Alamos Gold from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, March 29th. Nine analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Alamos Gold has a consensus rating of “Hold” and an average target price of $7.58.

The stock’s market capitalization is $2.50 billion. The company’s 50 day moving average price is $8.31 and its 200 day moving average price is $5.85.

Alamos Gold (NYSE:AGI) last announced its earnings results on Thursday, May 12th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.07. The company earned $104.30 million during the quarter, compared to analysts’ expectations of $113.08 million. During the same quarter last year, the firm posted $0.02 earnings per share. The firm’s revenue was up 61.5% on a year-over-year basis. On average, equities research analysts anticipate that Alamos Gold Inc. will post $0.01 earnings per share for the current fiscal year.

A number of hedge funds and institutional investors recently made changes to their positions in the company. Royce & Associates LLC raised its position in shares of Alamos Gold by 77.2% in the fourth quarter. Royce & Associates LLC now owns 1,273,544 shares of the company’s stock valued at $4,188,000 after buying an additional 555,000 shares during the period. TD Asset Management Inc. acquired a new stake in Alamos Gold during the fourth quarter valued at about $5,618,000. OppenheimerFunds Inc. raised its stake in Alamos Gold by 5.5% in the fourth quarter. OppenheimerFunds Inc. now owns 1,715,427 shares of the company’s stock valued at $5,644,000 after buying an additional 90,000 shares during the last quarter. Columbia Wanger Asset Management LLC acquired a new stake in Alamos Gold during the fourth quarter valued at about $7,238,000. Finally, Bank of Montreal Can raised its stake in Alamos Gold by 81.0% in the fourth quarter. Bank of Montreal Can now owns 2,227,714 shares of the company’s stock valued at $7,330,000 after buying an additional 997,266 shares during the last quarter.

Alamos Gold Inc is a Canada-based mid-tier gold producer. The Company owns and operates the Mulatos Mine, as well as the Esperanza, Agi Dagi, Kirazli and Camyurt gold development projects. The Mulatos mine is located within the 30,536 hectares Salamandra group of concessions in the state of Sonora in northwest Mexico.

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