Price Action Alert: Alamos Gold Inc (USA) Just Recorded A Sigfniciant Increase

Price Action Alert: Alamos Gold Inc (USA) Just Recorded A Sigfniciant Increase

The stock of Alamos Gold Inc (USA) (NYSE:AGI) is a huge mover today! About 1.05 million shares traded hands. Alamos Gold Inc (USA) (NYSE:AGI) has risen 4.89% since April 13, 2016 and is uptrending. It has outperformed by 0.97% the S&P500.
The move comes after 5 months positive chart setup for the $1.72 billion company. It was reported on Nov, 15 by Barchart.com. We have $9.85 PT which if reached, will make NYSE:AGI worth $756.80M more.

Alamos Gold Inc (USA) (NYSE:AGI) Ratings Coverage

Out of 8 analysts covering Alamos Gold (NYSE:AGI), 4 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 50% are positive. Alamos Gold has been the topic of 13 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Friday, May 27 by National Bank Canada. The stock has “Hold” rating given by Canaccord Genuity on Tuesday, May 3. The stock has “Sector Perform” rating given by RBC Capital Markets on Thursday, March 10. The stock of Alamos Gold Inc (USA) (NYSE:AGI) has “Sector Outperform” rating given on Wednesday, August 19 by IBC. Scotia Capital upgraded Alamos Gold Inc (USA) (NYSE:AGI) on Wednesday, August 12 to “Sector Outperform” rating. The firm earned “Sector Perform” rating on Tuesday, March 29 by Scotia Capital. The firm has “Sector Perform” rating given on Tuesday, August 11 by Howard Weil. The rating was upgraded by Desjardins Securities on Thursday, August 11 to “Buy”. On Monday, June 27 the stock rating was upgraded by Raymond James to “Outperform”. The firm has “Market Perform” rating by Raymond James given on Wednesday, April 20.

According to Zacks Investment Research, “Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson mine in northern Ontario, Canada and the Mulatos and El Chanate mines in Sonora State, Mexico.”

Another recent and important Alamos Gold Inc (USA) (NYSE:AGI) news was published by Nasdaq.com which published an article titled: “Alamos Gold Inc Reaches Analyst Target Price” on October 21, 2016.

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