Somewhat Positive News Coverage Somewhat Unlikely to Affect Alamos Gold (AGI) Stock Price
Media coverage about Alamos Gold (NYSE:AGI) (TSE:AGI) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Alamos Gold earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave media coverage about the basic materials company an impact score of 46.4455764102307 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s analysis:
- Is Alamos Gold Inc (TSE:AGI) Expensive For A Reason? A Look At The Intrinsic Value (finance.yahoo.com)
- Alamos Gold (AGI) Stock Rating Reaffirmed by National Bank Financial (americanbankingnews.com)
- Alamos Gold (AGI) versus Beadell Resources (BDREF) Head to Head Contrast (americanbankingnews.com)
- Alamos Gold (AGI) Stock Rating Reaffirmed by Royal Bank of Canada (americanbankingnews.com)
- Alamos Gold Inc (US) (AGI) Rating Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
A number of analysts recently commented on the stock. Zacks Investment Research cut shares of Alamos Gold from a “hold” rating to a “sell” rating in a research note on Thursday, April 12th. ValuEngine cut shares of Alamos Gold from a “sell” rating to a “strong sell” rating in a research note on Thursday, April 12th. TheStreet cut shares of Alamos Gold from a “c-” rating to a “d+” rating in a research note on Monday, April 2nd. Credit Suisse Group lowered their target price on shares of Alamos Gold from $8.00 to $6.50 and set an “outperform” rating for the company in a research note on Wednesday, March 21st. Finally, Royal Bank of Canada lowered their target price on shares of Alamos Gold from $9.00 to $8.50 and set a “sector perform” rating for the company in a research note on Tuesday, January 16th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $9.04.
Alamos Gold (NYSE:AGI) (TSE:AGI) last announced its quarterly earnings data on Thursday, February 22nd. The basic materials company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01). Alamos Gold had a net margin of 4.90% and a return on equity of 1.70%. The business had revenue of $161.70 million for the quarter, compared to analyst estimates of $159.65 million. During the same quarter in the previous year, the firm posted ($0.08) earnings per share. The business’s revenue was up 22.3% on a year-over-year basis. equities research analysts predict that Alamos Gold will post 0.18 earnings per share for the current year.
The firm also recently disclosed a semiannual dividend, which will be paid on Monday, April 30th. Shareholders of record on Monday, April 16th will be paid a dividend of $0.01 per share. This represents a yield of 0.38%. The ex-dividend date is Friday, April 13th. Alamos Gold’s payout ratio is 16.67%.
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About Alamos Gold
Alamos Gold Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company holds interests in the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada; the Mulatos mine located within the Salamandra Concessions in the Sierra Madre Occidental mountain range in the east-central portion of the State of Sonora, Mexico; and the El Chanate mine that comprises 22 mineral concessions covering 4,618 hectares situated in the State of Sonora, Mexico.
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