Alamos Gold Inc (TSE:AGI) (NYSE:AGI) has been assigned a consensus rating of “Buy” from the nine research firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$13.03.

Several equities analysts have recently weighed in on the stock. National Bank Financial reiterated an “outperform market weight” rating on shares of Alamos Gold in a report on Sunday, July 23rd. Raymond James Financial, Inc. upped their price objective on shares of Alamos Gold from C$12.00 to C$12.50 and gave the company an “outperform” rating in a report on Thursday, September 14th. Finally, TD Securities upped their price objective on shares of Alamos Gold from C$12.50 to C$13.50 and gave the company a “buy” rating in a report on Friday, August 4th.

Alamos Gold (AGI) opened at 8.85 on Wednesday. The firm’s 50-day moving average price is $9.15 and its 200-day moving average price is $9.36. The company’s market cap is $2.66 billion. Alamos Gold has a 12-month low of $7.86 and a 12-month high of $11.86.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Monday, October 16th will be given a $0.01 dividend. This represents a yield of 0.12%. The ex-dividend date is Friday, October 13th.

TRADEMARK VIOLATION WARNING: “Alamos Gold Inc (AGI) Receives Consensus Recommendation of “Buy” from Brokerages” was originally published by Daily Political and is the property of of Daily Political. If you are reading this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.dailypolitical.com/2017/10/16/alamos-gold-inc-agi-receives-consensus-recommendation-of-buy-from-brokerages.html.

In other news, insider James Porter acquired 10,000 shares of Alamos Gold stock in a transaction on Wednesday, September 13th. The stock was acquired at an average cost of C$8.91 per share, with a total value of C$89,100.00. Also, insider Colin Webster sold 15,000 shares of the company’s stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of C$10.02, for a total transaction of C$150,300.00.

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)

Receive News & Ratings for Alamos Gold Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alamos Gold Inc and related companies with MarketBeat.com's FREE daily email newsletter.