Brokers Offer Predictions for Alamos Gold Inc’s Q4 2017 Earnings (AGI)
Alamos Gold Inc (TSE:AGI) (NYSE:AGI) – Equities research analysts at Desjardins issued their Q4 2017 earnings estimates for Alamos Gold in a research note issued on Monday. Desjardins analyst J. Wolfson forecasts that the company will post earnings per share of $0.08 for the quarter. Desjardins currently has a “Hold” rating on the stock. Desjardins also issued estimates for Alamos Gold’s Q1 2018 earnings at $0.05 EPS, Q2 2018 earnings at $0.06 EPS, Q3 2018 earnings at $0.05 EPS, Q4 2018 earnings at $0.06 EPS, Q1 2019 earnings at $0.09 EPS, Q2 2019 earnings at $0.09 EPS, Q3 2019 earnings at $0.10 EPS and FY2019 earnings at $0.38 EPS.
Other analysts have also issued research reports about the stock. CIBC dropped their price objective on shares of Alamos Gold from C$13.50 to C$12.00 in a report on Thursday. Raymond James Financial raised their price objective on shares of Alamos Gold from C$12.00 to C$12.50 and gave the stock an “outperform” rating in a report on Thursday, September 14th. Finally, BMO Capital Markets dropped their price objective on shares of Alamos Gold from C$14.00 to C$11.50 in a report on Friday, November 24th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Alamos Gold currently has an average rating of “Buy” and a consensus price target of C$12.44.
Alamos Gold (TSE AGI) traded down C$0.34 during trading hours on Wednesday, reaching C$7.83. 1,088,641 shares of the company traded hands, compared to its average volume of 896,020. Alamos Gold has a 52-week low of C$7.53 and a 52-week high of C$11.83.
In other Alamos Gold news, Director John Mccluskey acquired 5,000 shares of Alamos Gold stock in a transaction on Friday, November 10th. The shares were purchased at an average cost of C$7.92 per share, with a total value of C$39,600.00. Over the last ninety days, insiders acquired 15,000 shares of company stock worth $120,370.
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.
Receive News & Ratings for Alamos Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alamos Gold and related companies with MarketBeat.com's FREE daily email newsletter.