Alamos Gold – Consensus Indicates Potential 18.8% Upside

Broker Ratings
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Alamos Gold found using ticker (AGI) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 14 and 7.5 and has a mean target at 10.32. Now with the previous closing price of 8.69 this would imply there is a potential upside of 18.8%. There is a 50 day moving average of 7.32 and the 200 day MA is 7.7. The company has a market capitalisation of $3,417m. Company Website: https://www.alamosgold.com/

The potential market cap would be $4,058m based on the market concensus.

Alamos Gold , together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of precious metals in Canada, Mexico, the United States, and Turkey. It primary explores for gold and silver. The company’s flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 5,587 ha located in Matachewan in the Northern Ontario, Canada. It also holds 100% interest in the Island Gold mine, which comprises approximately 15,000 ha located in the Ontario, Canada. The company was formerly known as AuRico Gold and changed its name to Alamos Gold in July 2015. Alamos Gold was founded in 2003 and is based in Toronto, Canada.

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