RBC Capital analyst Michael Siperco maintained a Buy rating on Alamos Gold (AGI – Research Report) on April 29 and set a price target of $18.00. The company’s shares closed yesterday at $14.71.
According to TipRanks, Siperco is a 3-star analyst with an average return of 2.0% and a 51.22% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as Alamos Gold, Eldorado Gold, and Hecla Mining Company.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alamos Gold with a $17.15 average price target, representing a 16.59% upside. In a report released on April 26, National Bank also maintained a Buy rating on the stock with a C$26.50 price target.
The company has a one-year high of $16.01 and a one-year low of $10.74. Currently, Alamos Gold has an average volume of 2.72M.
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Alamos Gold (AGI) Company Description:
Alamos Gold, Inc. engages in the exploration, development, mining, and extraction of precious metals. It operates through the following segments: Young-Davidson, Mulatos, Island Gold, Elchanate, Kirazli, and Corporate and Other. The company was founded on February 21, 2003 and is headquartered in Toronto, Canada.
