Alamos Gold (AGI) Shares are Down -0.61%

Alamos Gold (AGI) has risen sharply, recording gains of 5.4% in the past 4 weeks. However, the stock has corrected -0.61% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.97% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.09% and the 50-Day Moving Average is 3.19%.The 200 Day SMA reached 28.43%

Alamos

Alamos Gold (NYSE:AGI): The stock opened in the green at $8.5 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $8.56 and a low of $8.145 for the day. The stock did not find buyers even at the lows and closed at $8.2 recording a loss of -1.20%. 1,684,999 shares exchanged hands during the trading day. The stock had closed at $8.2 in the previous days trading.

Alamos Gold (AGI) : 7 investment research analysts covering Alamos Gold (AGI) have an average price target of $8.78 for the near short term. The highest target price given by the Brokerage Firm to the stock is $12 and the lowest target is $5 for the short term. Analysts expect the variance to be within $2.82 of the average price.

Alamos Gold Inc. is a Canada-based mid-tier gold producer. The Company is engaged in the acquisition, exploration, development and extraction of precious metals. It is engaged in the exploration and development activities in Mexico, Turkey and the United States. It owns and operates the Mulatos mine in Mexico and holds the mineral rights to the Salamandra group of concessions in the State of Sonora, Mexico, which includes several satellite gold occurrences. It also owns the Agi Dagi, Kirazli and Camyurt gold development projects in Turkey. Agi Dagi and Kirazli gold development projects are located in Canakkale Province, Turkey. The Camyurt project is located three kilometres southeast of the Agi Dagi project. The Company owns the Esperanza Gold Project, which is a development stage asset located in south-central Mexico in the state of Morelos. It owns a 100% interest in the Quartz Mountain Property, which is located in south-central Oregon. It operates through Carlisle Goldfields Ltd.

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