Press coverage about Alamos Gold (NYSE:AGI) (TSE:AGI) has trended positive on Sunday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Alamos Gold earned a media sentiment score of 0.29 on Accern’s scale. Accern also gave media stories about the basic materials company an impact score of 47.3538150571704 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Alamos Gold Inc. (AGI) stock returned 24.23% positive in past quarter - Street Observer (press release) (streetobserver.com)
- Alamos Gold Inc. Class A (NYSE:AGI) Sees Unusual Trading Volume in Its Shares - First News 24 (firstnewspaper24.com)
- Alamos Gold, Inc. – Value Analysis (NYSE:AGI) : August 5, 2017 (finance.yahoo.com)
- Alamos Gold Inc. (NYSE:AGI) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS (americanbankingnews.com)
- CANADA STOCKS-TSX falls as energy sector weighs, Canadian Natural jumps - Nasdaq (nasdaq.com)
Alamos Gold (NYSE AGI) traded down 0.91% during trading on Friday, reaching $7.62. The company had a trading volume of 2,371,760 shares. The stock has a 50 day moving average price of $6.97 and a 200 day moving average price of $7.39. The firm’s market capitalization is $2.28 billion. Alamos Gold has a 12 month low of $5.95 and a 12 month high of $9.43.
Alamos Gold (NYSE:AGI) (TSE:AGI) last issued its earnings results on Thursday, August 3rd. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.02. Alamos Gold had a negative net margin of 2.61% and a positive return on equity of 0.45%. The business had revenue of $131.30 million during the quarter, compared to the consensus estimate of $125.71 million. During the same period last year, the business posted ($0.01) EPS. Alamos Gold’s revenue was up 9.3% on a year-over-year basis. On average, equities research analysts predict that Alamos Gold will post $0.08 earnings per share for the current year.
Several analysts have recently issued reports on AGI shares. Royal Bank Of Canada restated a “hold” rating and issued a $9.00 price objective on shares of Alamos Gold in a research report on Tuesday, April 18th. Zacks Investment Research downgraded Alamos Gold from a “buy” rating to a “sell” rating in a research report on Wednesday, May 10th. Raymond James Financial, Inc. restated an “ourperform” rating and issued a $12.00 price objective on shares of Alamos Gold in a research report on Thursday, June 15th. ValuEngine downgraded Alamos Gold from a “hold” rating to a “sell” rating in a research report on Tuesday, June 6th. Finally, BidaskClub upgraded Alamos Gold from a “sell” rating to a “hold” rating in a research report on Friday, June 23rd. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $10.88.
Alamos Gold Company Profile
Alamos Gold Inc is a Canada-based mid-tier gold producer. The Company owns and operates the Mulatos Mine, as well as the Esperanza, Agi Dagi, Kirazli and Camyurt gold development projects. The Mulatos mine is located within the 30,536 hectares Salamandra group of concessions in the state of Sonora in northwest Mexico.
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