Shares of Alamos Gold Inc. (NYSE:AGI) traded down 3.6% on Monday . The company traded as low as $8.35 and last traded at $8.42, with a volume of 990,878 shares. The stock had previously closed at $8.73.

A number of analysts recently weighed in on the stock. 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 shares of Alamos Gold from a “buy” rating to a “hold” rating in a report on Tuesday, May 3rd. CIBC reiterated a “sector outperform” rating and issued a $7.50 price objective (up previously from $7.00) on shares of Alamos Gold in a report on Friday, April 1st. Finally, Scotiabank lowered shares of Alamos Gold from an “outperform” rating to a “sector perform” rating in a report on Tuesday, March 29th. Nine research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Alamos Gold has an average rating of “Hold” and an average target price of $7.58.

The firm’s market cap is $2.23 billion. The firm has a 50 day moving average of $8.58 and a 200-day moving average of $6.03.

Alamos Gold (NYSE:AGI) last released its earnings results on Thursday, May 12th. The company reported $0.04 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.07. During the same quarter in the previous year, the firm earned $0.02 earnings per share. The business had revenue of $104.30 million for the quarter, compared to the consensus estimate of $113.08 million. The company’s revenue for the quarter was up 61.5% on a year-over-year basis. Equities research analysts expect that Alamos Gold Inc. will post $0.02 EPS for the current year.

Several large investors have added to or reduced their stakes in AGI. I.G. Investment Management LTD. boosted its stake in Alamos Gold by 0.7% in the fourth quarter. I.G. Investment Management LTD. now owns 4,555,741 shares of the company’s stock worth $14,988,000 after buying an additional 30,651 shares during the last quarter. Royce & Associates LLC boosted its stake in Alamos Gold by 77.2% in the fourth quarter. Royce & Associates LLC now owns 1,273,544 shares of the company’s stock worth $4,188,000 after buying an additional 555,000 shares during the last quarter. Bank of Montreal Can boosted 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 worth $7,330,000 after buying an additional 997,266 shares during the last quarter. Finally, OppenheimerFunds Inc. boosted 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 worth $5,644,000 after buying an additional 90,000 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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