Alamos Gold Inc. (NYSE:AGI) traded up 3.3% during mid-day trading on Tuesday . The stock traded as high as $9.72 and last traded at $9.59, with a volume of 829,363 shares changing hands. The stock had previously closed at $9.28.

AGI has been the subject of a number of research analyst reports. National Bank Financial lowered shares of Alamos Gold from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from $12.00 to $13.00 in a research report on Wednesday, July 13th. Desjardins lowered shares of Alamos Gold from a “buy” rating to a “hold” rating in a research report on Wednesday, July 13th. Bank of America Corp. reissued a “buy” rating on shares of Alamos Gold in a research report on Tuesday, July 12th. TheStreet raised shares of Alamos Gold from a “sell” rating to a “hold” rating in a research report on Wednesday, June 29th. Finally, Credit Suisse Group AG raised shares of Alamos Gold from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $7.50 to $11.00 in a research report on Thursday, June 30th. Nine equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Alamos Gold currently has a consensus rating of “Hold” and a consensus price target of $7.58.

The company’s 50-day moving average is $8.79 and its 200 day moving average is $6.24. The firm’s market cap is $2.49 billion.

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

Other large investors have bought and sold shares of the company. I.G. Investment Management LTD. increased 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 in the last quarter. Royce & Associates LLC increased 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 in the last quarter. Bank of Montreal Can increased 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 in the last quarter. Finally, OppenheimerFunds Inc. increased 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 in 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.