Economy

Alamos Gold (AGI) Stock Rating Reaffirmed by BMO Capital Markets

Alamos Gold (AGI) Stock Rating Reaffirmed by BMO Capital Markets

The company's consensus rating on Reuter's scale remained unchanged from 2 to 2 during a month. The opening price of $6.5, led it to gain -5.01% to reach $6.26 upon the closing bell. Typically, the higher the current ratio the better, as the company may be more capable of paying back its obligations. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The counter witnessed a trading volume of 0.69 million shares versus an average volume of 1.56 million shares during last trading session.

Previously Alamos Gold Inc (NYSE:AGI) reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.03. It has underperformed by 9.86% the S&P500.

Alamos Gold Inc (NYSE:AGI)'s revenue estimates for the current quarter are $166.87 Million according to 2 number of analysts, for the current quarter the company has high revenue estimates of $183 Million in contradiction of low revenue estimates of $150.74 Million. They expect $0.07 earnings per share, up 177.78 % or $0.16 from last year's $-0.09 per share. AGI's profit will be $3.83 million for 147.73 P/E if the $0.01 EPS becomes a reality.

Alamos Gold (TSE:AGI) traded up C$0.14 during trading hours on Monday, hitting C$7.94. BMO Capital Markets reissued a "buy" rating and issued a $11.50 price target (down from $14.00) on shares of Alamos Gold Inc (US) in a research note on Friday, November 24th. Therefore 44% are positive. The firm has "Buy" rating by Oppenheimer given on Wednesday, August 30. Credit Suisse Group cut shares of Alamos Gold from an "outperform" rating to a "neutral" rating in a research note on Friday, January 13th. RBC Capital Markets upgraded it to "Outperform" rating and $8.50 target in Monday, December 12 report. RBC Capital Markets downgraded the shares of AGI in report on Friday, February 10 to "Sector Perform" rating.

More news: USA in 15 hours: KQ's maiden NY flight to cost Sh89,000

Want to see what other hedge funds are holding AGI? The Stock has YTD (year to date) performance of -9.52 percent. Oppenheimer maintained the shares of GSM in report on Wednesday, August 9 with "Buy" rating. As per Tuesday, May 3, the company rating was downgraded by Canaccord Genuity. The firm has "Overweight" rating given on Monday, March 21 by JP Morgan.

More news for Alamos Gold Inc.

A number of brokerages have recently commented on AGI.

Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. The company operates in the Basic Materials sector with a market capitalization of 1.77 Million. It also provides ferrosilicon products that are used to produce stainless steel, carbon steel, and various other steel alloys, as well as to manufacture electrodes and aluminum; silico calcium, which is used in the deoxidation and desulfurization of liquid steel, and production of coatings for cast iron pipes, as well as in the welding process of powder metal; nodularizers and inoculants, which are used in the production of iron; and silica fume, a by-product of the electrometallurgical process of silicon metal and ferrosilicon. The firm 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.

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


  • Pyeongchang 2018, Corea del Nord parteciperà

    Pyeongchang 2018, Corea del Nord parteciperà

    Alla guida della delegazione del sud invece il ministro dell'Unificazione Cho Myoung-Gyon. La presenza nordcoreana rappresenterebbe un primo passo verso colloqui di pace.

    Seagate Technology PLC (STX) Price Target Raised to $40.00

    Cohen Lawrence B reported 42,975 shares. 36,975 were reported by Paloma Prns Mngmt. 246,000 are held by Sentinel Asset Mgmt. Bancorporation Of Montreal Can holds 0.05% or 1.55 million shares. 22,975 were reported by Sumitomo Mitsui Asset Com.
    Mahathir barred from visiting Anwar

    Mahathir barred from visiting Anwar

    Mahathir arrived at the Cheras Rehabilitation Hospital at about 4.30pm. That meeting led to the thaw in tense ties between the two leaders.
  • ASA bans Captain Morgan Snapchat filter

    ASA bans Captain Morgan Snapchat filter

    Afterwards, a seagull flew a scroll on to the screen, before text read: "Live like the Captain' to the sound of cheering". The Snapchat lens, used to advertise the Captain Morgan rum brand in June 2017, included a cartoon icon of a pirate.
    Rep. Jeff Hoover resigns as Kentucky House Speaker

    Rep. Jeff Hoover resigns as Kentucky House Speaker

    They have to find a solution for a public pension system that is one of the worst funded retirement plans in the country. Hoover said he is not concerned about a conflict with the governor impacting his work in Frankfort moving forward.
    Golden Knights sign Marchessault to $30 million, 6-year deal

    Golden Knights sign Marchessault to $30 million, 6-year deal

    Playing their fourth road game in the last five, the Predators were shut out for just the second time this season. Marchessault's 22 assists are already a career high, after he set bests of 30 goals and 51 points last season.
  • SEC! Alabama vs. Georgia for national championship

    SEC! Alabama vs. Georgia for national championship

    Alabama's regular-season finale loss at Auburn cost the Tide the SEC West and spot in the conference title game against Georgia. The Butkus Award victor as the nation's top linebacker and the only defensive player to finish in the top-10 of Heisman voting.
    ASUS AiMesh turns regular routers into an eero alternative

    ASUS AiMesh turns regular routers into an eero alternative

    Each router is capable of superb performance on its own, so when they're working together in an AiMesh system, they're unbeatable. Several different models are eligible for new firmware; the RT-AC5300 and ROG Rapture GT-AC5300 will be added later this year.
    Laboratory Corp. of America (LH) Now Covered by Evercore ISI

    Laboratory Corp. of America (LH) Now Covered by Evercore ISI

    Brandes Invest Ltd Partnership stated it has 67,876 shares or 0.26% of all its holdings. (NYSE:WPX). 597 are owned by Tci Wealth. The stock of CF Industries Holdings, Inc. (NYSE:NVR) has "Market Perform" rating given on Friday, October 20 by Wells Fargo.
  • Comprehensive Stock Analysis Of GameStop Corp. (GME)

    Arbiter Partners Capital Management Llc bought 152,453 shares as the company's stock declined 5.28% while stock markets rallied. Jupiter Asset Mgmt Ltd holds 0.57% or 142,955 shares in its portfolio. 121 funds opened positions while 584 raised stakes.
    OKC Thunder rout Los Angeles Lakers 133-96

    OKC Thunder rout Los Angeles Lakers 133-96

    The Thunder outscored the Lakers 37-18 in the second quarter and led 63-44 at halftime, then built on the lead in the second half. With the defeat the Lakers fell to 11-26 on the season and a far cry from the goal of potentially squeezing into a playoff spot.

    Heritage Investors Management Corp Has $24.93 Million Stake in Boeing Co (BA)

    The aircraft producer reported $2.72 earnings per share for the quarter, topping analysts' consensus estimates of $2.65 by $0.07. The stock is now moving above its 20-Day Simple Moving Average of 7.71% with a 50-Day Simple Moving Average of 14.64 percent.