The Alamos Gold Inc (AGI) share price is expected to increase by 12.38% over the next year. This is based on calculating the average 12-month share price estimate provided by 5 stock analysts who have covered AGI. Price targets range from $20.03 at the low end to $23 at the high end. The current analyst consensus for AGI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Alamos Gold Inc has a total of 5 Wall St Analyst ratings. There are 3 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Alamos Gold Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of AGI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Ovais Habib Scotiabank | Sector Outperform | $22 | Maintains | Aug 19, 2024 |
Ovais Habib Scotiabank | Sector Outperform | $20 | Maintains | Jul 16, 2024 |
Matthew Murphy Jefferies | Buy | $21 | Maintains | Jul 12, 2024 |
Josh Wolfson RBC Capital | Outperform | $18 | Maintains | Apr 23, 2024 |
Harmen Puri B of A Securities | Buy | $27.25 | Upgrade | Apr 9, 2024 |
Matthew Murphy Jefferies | Buy | $14 | Initiates | Feb 29, 2024 |
Michael Siperco RBC Capital | Outperform | $16 | Upgrade | Jan 11, 2024 |
Michael Siperco RBC Capital | Sector Perform | $10 | Reiterates | Aug 8, 2023 |
Ovais Habib Scotiabank | Sector Outperform | $14.5 | Reinstates | Apr 24, 2023 |
Trevor Turnbull Scotiabank | Sector Outperform | Upgrade | Nov 23, 2022 | |
ScotiaBank | Sector Perform | Maintains | Oct 29, 2020 | |
Scotiabank | Sector Perform | $12.5 | Maintains | Oct 29, 2020 |
B of A Securities | Underperform | $10 | Maintains | Oct 8, 2020 |
B of A Securities | Underperform | Downgrade | Mar 12, 2020 | |
Fahad Tariq Credit Suisse | Neutral | $7.5 | Downgrade | Jan 16, 2020 |
Credit Suisse | Outperform | Initiates | Apr 16, 2019 | |
Desjardins | Buy | Upgrade | Jun 7, 2018 | |
Anita Soni Credit Suisse | Outperform | $6.5 | Maintains | Mar 21, 2018 |
Credit Suisse | Outperform | Upgrade | Jan 26, 2018 | |
RBC Capital | Sector Perform | $9 | Downgrade | Feb 10, 2017 |
When did it IPO
2009
Staff Count
2,400
Country
Canada
Sector/Industry
Basic Materials/Gold
CEO
Mr. John A. McCluskey
Market Cap
$8.24B
In 2023, AGI generated $1.02B in revenue, which was a increase of 24.61% from the previous year. This can be seen as a signal that AGI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - The news excerpt mentions that all financial amounts are reported in United States dollars, with a reference date of September in Toronto. Further details are not provided.
Why It Matters - The mention of U.S. dollars highlights currency exposure, impacting earnings for companies with international operations and affecting investment valuations.
Summary - Gold prices are projected to rise due to three positive factors. Recommended gold stocks for investment include AU, EGO, IAG, IDR, and AGI.
Why It Matters - Rising gold prices signal potential gains for gold-related investments, making stocks like AU, EGO, IAG, IDR, and AGI attractive for portfolio diversification and profit opportunities.
Summary - Alamos Gold (AGI) is being evaluated for its potential as a momentum stock pick. Investors may want to monitor its performance and market trends.
Why It Matters - Alamos Gold's potential as a momentum stock could influence trading strategies, affecting its share price and attracting investor interest in the mining sector.
Summary - Alamos Gold Inc. will contribute $2 million over ten years to The Princess Margaret Cancer Foundation to establish the Alamos Gold Chair in Gastrointestinal Surgical Oncology.
Why It Matters - Alamos Gold's $2 million commitment to cancer research enhances its corporate reputation, potentially attracting socially conscious investors and positively influencing stock performance.
Summary - Alamos Gold (AGI) is noted for its strong growth potential, suggesting it may outperform the market.
Why It Matters - Alamos Gold's strong growth potential suggests it may deliver better returns than the broader market, making it an attractive investment opportunity.
Summary - Alamos Gold (AGI) and Centamin (CELTF) have shown performance metrics relative to their sector in 2023, indicating their standing among peers. Further details may be necessary for investment decisions.
Why It Matters - The performance comparison of Alamos Gold and Centamin against their sector signals potential investment opportunities or risks, influencing stock valuations and market sentiment.