Alamos Gold Inc. with ticker code (AGI) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 14 and 7.5 calculating the average target price we see 10.35. Given that the stocks previous close was at 6.65 this now indicates there is a potential upside of 55.6%. The 50 day moving average now sits at 7.38 and the 200 moving average now moves to 7.88. The company has a market capitalisation of $2,641m. Company Website: https://www.alamosgold.com/
The potential market cap would be $4,111m based on the market concensus.
Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold in North America, Canada, and Mexico. It also explores for silver and precious metals. The company’s flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 5,587 ha located in Northern Ontario, Canada. The company was formerly known as AuRico Gold Inc. and changed its name to Alamos Gold Inc. in July 2015. The company is headquartered in Toronto, Canada.
