Laurentian Bank of Canada analyst Ryan Hanley maintained a Buy rating on Alamos Gold (NYSE:AGI) Inc on Thursday, setting a price target of C$20.5, which is approximately 43.96% above the present share price of $10.74.
Hanley expects Alamos Gold Inc to post earnings per share (EPS) of -$0.03 for the third quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Alamos Gold, with an average price target of $13.02.
The analysts price targets range from a high of $15.46 to a low of $10.5.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $176.9 million and a net profit of $46.2 million. The company's market cap is $4.29 billion.
According to TipRanks.com, Laurentian Bank of Canada analyst Ryan Hanley is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 8.9% and a 76.92% success rate.
Alamos Gold, Inc. engages in the exploration, development, mining, and extraction of precious metals. It operates through the following segments: Young-Davidson, Mulatos, Island Gold, Elchanate, Kirazli, and Corporate and Other. The company was founded on February 21, 2003 and is headquartered in Toronto, Canada.