Alamos #Gold Inc (TSE:AGI) #Insider #Acquires 10,000 #Shares of #Stock

Alamos Gold Inc (TSE:AGI) (NYSE:AGI) insider James Porter purchased 10,000 shares of the company’s stock in a transaction on Friday, March 2nd. The stock was acquired at an average price of C$6.85 per share, with a total value of C$68,500.00.

Shares of Alamos Gold Inc (TSE:AGI) traded up C$0.19 during mid-day trading on Tuesday, hitting C$6.51. 280,699 shares of the company were exchanged, compared to its average volume of 868,951. The firm has a market capitalization of $2,460.00 and a P/E ratio of 57.45. Alamos Gold Inc has a 12-month low of C$6.19 and a 12-month high of C$11.36.

AGI has been the subject of several research reports. BMO Capital Markets dropped their price target on shares of Alamos Gold from C$14.00 to C$11.50 in a research note on Friday, November 24th. CIBC dropped their price target on shares of Alamos Gold from C$13.50 to C$12.00 in a research note on Thursday, December 14th. Canaccord Genuity boosted their price target on shares of Alamos Gold from C$13.00 to C$13.50 in a research note on Friday, January 19th. Laurentian set a C$9.50 price target on shares of Alamos Gold and gave the stock a “buy” rating in a research note on Monday, February 5th. Finally, Desjardins reiterated a “hold” rating on shares of Alamos Gold in a research note on Monday, December 11th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of C$11.81.

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