RBC Capital analyst Michael Siperco maintained a Buy rating on Alamos Gold (AGI – Research Report) on March 4 and set a price target of $16.00. The company’s shares closed yesterday at $12.83.
Siperco covers the Basic Materials sector, focusing on stocks such as SSR Mining, Alamos Gold, and Eldorado Gold. According to TipRanks, Siperco has an average return of -8.6% and a 36.51% success rate on recommended stocks.
In addition to RBC Capital, Alamos Gold also received a Buy from Jefferies’s Matt Murphy in a report issued on February 28. However, on February 20, Bank of America Securities maintained a Hold rating on Alamos Gold (NYSE: AGI).
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AGI market cap is currently $5.09B and has a P/E ratio of 24.18.
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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.
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