The New Gold Inc. (NGD) Rating Reiterated by RBC Capital Markets
- Author: Zachary Reyes Feb 25, 2017,
Feb 25, 2017, 6:18
If we glance over stock price target, the analysts were fairly in stock's favor assigning high price target of 13 and average price target of 10.12. To take look on ration of tradable shares being shorted in market, float short ration was 1.22%, as compared to sentiment indicator; Short Ratio was 1.50. These analysts and investment firms use various valuation methods to decide a price target for a stock. Alamos Gold Inc (US) had a negative return on equity of 2.01% and a negative net margin of 12.41%.
Alamos Gold Inc.'s (AGI ) stock price escalated 3.11% to finalize at $8.28 throughout previous buying and selling session. (NYSE:AGI) beats earnings by 25%, The Stock Missed Earnings 6 times and has met earnings 3 times. Bank of America Assumes Alamos Gold, Inc. They now have a United States dollars 7.5 price target on the stock.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Alamos Gold, Inc. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. The Stock has a 52-Week High of $10.41 and 52-Week Low of $4.24 following the dates, it touched its 52-Week High on Jul 11, 2016 and 52-Week Low on Feb 25, 2016.
The biggest institutional shareholders in Alamos Gold Inc. include Van Eck Associates Corporation which owns 48 million shares in the company valued at $391.97 million. Probity Advisors Inc. bought a new position in shares of Alamos Gold during the third quarter worth approximately $110,000. Street analysts have a consensus EPS projection of $0.01 for the current quarter.
Alamos Gold Inc is a Canada-based company, which is engaged in the acquisition, exploration, development and extraction of precious metals. The difference between actual earnings and estimated earnings was $0.00 per share. 1832 Asset Management L.P. owned approximately 0.77% of Alamos Gold worth $16,865,000 at the end of the most recent quarter.
Shares of Alamos Gold (TSE:AGI) traded down 2.58% during mid-day trading on Friday, reaching $10.59. The company has a 1 Year high price target of $9.38. The Predicted Move on the 7th day after Alamos Gold, Inc. For the quarter ending Jun-17, 2 analysts have a mean sales target of 126.32 million whilst for the year ending Dec-17, 15 analysts have a mean target of 538.37 million. The firm attains analyst recommendation of 2.50 with week's performance of -5.11%. Ratings and estimates change daily and thus the numbers may differ slightly if a new report has been issued within the last 24-hours. AGI has P/E (Price to Earnings ttm) value of 0, Forward P/E of 133.83, P/C (Price to cash per share) of 0 and Price to Free Cash Flow (P/FCF) value of 0. The correct version of this article can be viewed at https://www.chaffeybreeze.com/2017/02/22/kinross-golds-k-outperform-rating-reaffirmed-at-royal-bank-of-canada.html.