RBC Capital Keeps Their Hold Rating on Alamos Gold (AGI)

RBC Capital analyst Josh Wolfson reiterated a Hold rating on Alamos Gold (AGI) today and set a price target of C$10.00. The company’s shares closed last Thursday at $8.24.

According to TipRanks.com, Wolfson is a 1-star analyst with an average return of -0.6% and a 50.7% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Kirkland Lake Gold.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alamos Gold with a $10.91 average price target, representing a 31.9% upside. In a report issued on April 27, J.P. Morgan also maintained a Hold rating on the stock with a C$13.00 price target.

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The company has a one-year high of $11.58 and a one-year low of $7.02. Currently, Alamos Gold has an average volume of 3.02M.

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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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