Alamos Gold (AGI) : During the past 4 weeks, traders have been relatively bearish on Alamos Gold (AGI), hence the stock is down -6.45% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.15% relative to the S&P 500. The stock has risen by 0.38% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.34% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.84% and the 50-Day Moving Average is 9.74%.The 200 Day SMA reached 28.9% Alamos Gold, Inc. is up 1.41% in the last 3-month period. Year-to-Date the stock performance stands at 140.43%.
Alamos Gold (AGI) stock is expected to deviate a maximum of $2.82 from the average target price of $8.78 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $12 and the most muted being $5.
Company shares have received an average consensus rating of Hold for the current week Alamos Gold (NYSE:AGI): stock was range-bound between the intraday low of $7.84 and the intraday high of $8.58 after having opened at $8.3 on Fridays session. The stock finally closed in the red at $8.3, a loss of -6.06%. The stock remained in the red for the whole trading day. The total traded volume was 9,943,459 shares. The stock failed to cross $8.58 in Fridays trading. The stocks closing price on Thursday was $7.91.
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.