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Alamos Gold (AGI) Surges: Stock Moves 7.4% Higher

Alamos Gold Inc. AGI was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $2.97 –$3.65 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Alamos Gold currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is positive.

Alamos Gold Inc. Price

Alamos Gold Inc. Price | Alamos Gold Inc. Quote

A better-ranked stock in the Mining - Gold industry is Franco-Nevada Corporation FNV which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

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Franco-Nevada Corporation (FNV) : Free Stock Analysis Report
 
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