Alamos Gold Inc (AGI) Insider James Porter Acquires 10,000 Shares of Stock
Alamos Gold Inc (TSE:AGI) (NYSE:AGI) insider James Porter bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The shares were purchased at an average cost of C$8.91 per share, with a total value of C$89,100.00.
Alamos Gold Inc (AGI) traded up 0.67% during mid-day trading on Thursday, reaching $9.05. 523,001 shares of the company traded hands. The stock’s 50 day moving average price is $9.66 and its 200 day moving average price is $9.58. The firm’s market capitalization is $2.72 billion. Alamos Gold Inc has a 52 week low of $7.86 and a 52 week high of $11.86.
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A number of brokerages have issued reports on AGI. Raymond James Financial, Inc. upped their price target on shares of Alamos Gold from C$12.00 to C$12.50 and gave the company an “outperform” rating in a research note on Thursday. National Bank Financial restated an “outperform market weight” rating on shares of Alamos Gold in a research note on Sunday, July 23rd. Finally, TD Securities upped their price target on shares of Alamos Gold from C$12.50 to C$13.50 and gave the company a “buy” rating in a research note on Friday, August 4th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of C$12.86.
Alamos Gold Company Profile
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.
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