|Bid||5.90 x 1800|
|Ask||6.79 x 2900|
|Day's Range||6.53 - 6.75|
|52 Week Range||2.90 - 6.75|
|Beta (3Y Monthly)||0.33|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.04 (0.60%)|
|1y Target Est||9.01|
First Majestic Silver Corp. and Alamos Gold Inc. were both upgraded to Hold today by TheStreet's Quant Ratings service. In the first daily bar chart of AG, below, we can see a long, sideways consolidation pattern followed by an upside "explosion" in June and July. The On-Balance-Volume (OBV) led the way higher with its rise from January to July.
While the uptick in the price of gold has helped this miner, plenty of other reasons help account for the stock's ascent.
TORONTO, July 03, 2019 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its second quarter 2019 financial results after market close on.
Easing monetary stance, rising geopolitical tensions have increased demand for gold as a safe haven thus pulling up its prices.
Metalla Completes Acquisition of Royalty on Agnico Eagle's El Realito Property and Adds Royalty on Minera Frisco's Orion Project From Alamos Gold
NYSE:AGI) (“Alamos” or the “Company”) today reported new results from surface exploration drilling at the Island Gold Mine, further extending high-grade gold mineralization. All five intersections drilled to date in this recently discovered area have intersected ore grade gold mineralization. This area is located within a 500 metre (“m”) gap between Inferred Mineral Resource blocks, and is only 1,000 m from surface and relatively close to existing infrastructure.
TORONTO, May 28, 2019 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly.
NYSE:AGI) (“Alamos” or the “Company”) today reported it has been granted amendments to its existing operational permits from the Ministry of the Environment, Conservation and Parks, Ontario, allowing for the Phase II expansion of the Island Gold Mine to 1,200 tonnes per day (“tpd”). Underground mining rates are expected to increase to 1,200 tpd in 2020.
TORONTO, May 09, 2019 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from surface and underground exploration and delineation.
TORONTO, May 03, 2019 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported a summary of the voting results of its Annual General Meeting of.
The Toronto-based company said it had net income of 4 cents per share. Earnings, adjusted for non-recurring gains, came to 3 cents per share. The results met Wall Street expectations. The average estimate ...
All amounts are in United States dollars, unless otherwise stated. TORONTO, May 01, 2019 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its.
VANCOUVER , April 17, 2019 /CNW/ - Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (MTA.V) (MTAFF) (X9CP.F) is pleased to announce that the Company has completed the first closing on its previously announced acquisition of the royalty portfolio (the "Royalty Portfolio") from Alamos Gold Inc. (AGI)(AGI.TO) and its affiliates (collectively "Alamos") in accordance with a purchase and sale agreement between Metalla and Alamos. As consideration for the transaction, Metalla has issued to Alamos 8,219,009 common shares of the Company for fifteen royalties.
NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that its Mulatos mine produced its two millionth ounce of gold in March 2019. At the current gold price, this represents a savings of approximately $65 per ounce, which has already been incorporated into previously disclosed guidance. This past week also marked the completion of a voluntary relocation of residents of the town of Mulatos to Matarachi which began in 2016.
The portfolio of 18 royalties being sold are all on assets not owned by Alamos. This includes a 2% NSR royalty on the El Realito property, adjacent to the La India mine in Sonora, Mexico and a 1.5% NSR royalty on the Wasamac project, and 1.0% NSR royalty on the Beaufor Mine, both located in Quebec, Canada.
On the back of an unchanged U.S. federal funds rate and an inverting Treasury yield curve, gold was up 2.6% to $1,316.30 per ounce at close on Tuesday on the London Bullion Market, bringing the cumulative average price to $1,303.97, or 2.8% higher than in 2018. Warning! GuruFocus has detected 5 Warning Signs with AGI. The VanEck Vectors Gold Miners exchange-traded fund (GDX) has risen 10.7% over the same period, closing at $23.35 on Tuesday.