National Bank analyst Mike Parkin maintained a Buy rating on Alamos Gold (NYSE:AGI) Inc on Monday, setting a price target of C$17.5, which is approximately 31.72% above the present share price of $10.02.
Parkin 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 $12.7.
The analysts price targets range from a high of $15.08 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 billion.
According to TipRanks.com, National Bank analyst Mike Parkin is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -2.6% and a 36.21% 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.