Is Alamos Gold, Inc. (AGI) a good buy?

Share

The firm owned 32,353,812 shares of the basic materials company's stock after selling 29,173,713 shares during the quarter. (AGI) is its Earnings per Share or EPS. SG Americas Securities LLC acquired a new stake in shares of Alamos Gold in the second quarter valued at approximately $106,000. Russell Investments Group Ltd. now owns 274,540 shares of the basic materials company's stock valued at $2,199,000 after acquiring an additional 30,112 shares during the period. Great West Life Assurance Co. Raymond James Financial Services Advisors boosted its stake in Alamos Gold by 3.2% through out the 1st period.

Wall Street analysts are predicting that Alamos Gold Inc (NYSE:AGI) will report earnings per share of $0.03 in their quarterly report. EPS breaks down the profitability of the company on a single share basis. World Asset Management Inc increased its stake in shares of Alamos Gold by 0.4% in the first quarter. Tower Research Capital LLC TRC now owns 20,929 shares of the basic materials company's stock valued at $168,000 after purchasing an additional 11,217 shares during the period. Raymond James Financial Services Advisors has an ownership of 19,353 stocks of the basic materials firms shares valued $155,000 following purchasing an extra 594 stocks in the previous period. Alamos Gold had 22 analyst reports since August 11, 2015 according to SRatingsIntel.

Alamos Gold (AGI) declined 1.13% on early Friday, topping $6.98.

All four miners except First Majestic are trading above their 100-day moving averages. The company has market cap of $2.65 billion.

Alamos Gold Inc (TSE:AGI) has 0.00% since September 20, 2016 and is. Previously Alamos Gold Inc (NYSE:AGI) reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.03 with surprise factor of 300%.

Alamos Gold Inc (NYSE:AGI) has average revenue estimates of $136.83 Million, compared to low analyst estimates of $136.83 Million and high estimates of $136.83 Million for the current quarter. Alamos Gold had a positive return on equity of 0.44% and a negative net margin of 2.61%.

While looking at the Stock's Performance, Alamos Gold, Inc. now shows a Weekly Performance of -4.08%, where Monthly Performance is -9.49%, Quarterly performance is -2.62%, 6 Months performance is -13.9% and yearly performance percentage is -10.18%. On average, analysts expect that Alamos Gold Inc. will post $0.09 EPS for the current year. BidaskClub lifted shares of Alamos Gold from a "sell" recommendation to a "hold" recommendation in a analysis note on Saturday, Aug 12th.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes.

Many brokerage firms published research study on AGI. (TSE:AGI), 7 have Buy rating, 1 Sell and 4 Hold. Canaccord Genuity downgraded the stock to "Hold" rating in Tuesday, May 3 report. Royal Bank Of Canada reaffirmed a "hold" rating and set a $9.00 price target on shares of Alamos Gold in a report on Wednesday, August 2nd. RBC Capital Markets maintained Alamos Gold Inc (US) (NYSE:AGI) rating on Monday, July 31. Finally, TD Securities upped their price target on Alamos Gold from C$12.50 to C$13.50 and gave the stock a "buy" rating in a research report on Friday, August 4th.

Alamos Gold Inc is a Canada-based mid-tier gold producer. Its Corporate and other segment consists of exploration and development projects.

Share

Advertisement

Related Posts

Liverpool star Sadio Mane on Real Madrid radar
He should return for Tuesday night's Champions League clash with Spartak Moscow, as well as next weekend's game with Newcastle. REAL MADRID are reportedly monitoring Liverpool star Sadio Mane as Zinedine Zidane considers a sensational January swoop.

Leaked e-mails show Liverpool plea over Coutinho
Barcelona made three bids for Coutinho over the summer but Liverpool held their ground, insisting that the midfielder was not for sale.

Empire State Realty Trust, Inc. (ESRT) to Issue Quarterly Dividend of $0.11
Metlife Inc (NYSE:MET) was raised too. "(BCR) Receives FDA Premarket Approval of LUTONIX 035 DCB as First ..." on August 28, 2017. Amp Cap Ltd, Australia-based fund reported 26,723 shares. 23,745 were accumulated by West Coast Fincl Ltd Liability Corporation.

Kansas to receive federal funds to fight opioid epidemic
The City of Wichita will receive nearly $400,000 from the Adult Drug Court and Veterans Treatment Courts Grant program. The funds would also nudge juvenile drug treatment courts to follow appropriate guidelines.

Muslim Brotherhood's former supreme guide Mahdi Akef dies at 89
Akef, who headed the Brotherhood as the group's so-called supreme guide from 2004 to 2010, was diagnosed with cancer a year ago . Sources from inside the Brotherhood said at the time that disputes between the Guidance Bureau and Akef forced him to quit.

Final season for Mets manager Terry Collins?
When the 2017 regular season ends on October 1, that will likely be it for the Collins-Mets relationship. Expected to contend for a playoff spot this season, the Mets have struggled to a 65-87 record.

Coca-cola Refreshments USA Inc (NYSE:CCE): Institutional Investor Sentiment Up to 3
Victory Capital Management Inc. owned approximately 0.10% of Coca Cola Femsa S.A.B.de C.V.at the end of the most recent quarter. RBC Capital Markets downgraded Coca-Cola European Partners plc Ordinary Shares (NYSE: CCE ) rating on Tuesday, September 8.

Regions Financial Corp (NYSE:RF) Shifting Institutional Investors Sentiment
Headlines about E*TRADE Financial Corp (NASDAQ: ETFC ) have trended positive recently, according to AlphaOne Sentiment Analysis. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock.

49ers' Carlos Hyde Injures Hip vs. Rams, Questionable to Return
Carlos Hyde rushed 25 times for 84 yards and two touchdowns against the Rams in a Week 3 loss, adding three catches for 10 yards. The 49ers announced him questionable to return, though he continued to stand on the sideline with his helmet on.

Traders Secrets on Morgan Stanley (MS), Mondelez International, Inc. (MDLZ)
Finally, Trust Co. of Toledo NA OH acquired a new stake in Mondelez International during the second quarter worth about $203,000. In related news, EVP Maurizio Brusadelli sold 6,248 shares of the company's stock in a transaction on Tuesday, August 8th.

© 2015 ExpressNewsline. All Rights reserved.