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Alamos Gold (AGI) Receives a Buy from TD Securities

TD Securities analyst Steven Green maintained a Buy rating on Alamos Gold (AGIResearch Report) today and set a price target of C$14.00. The company’s shares closed last Wednesday at $6.88, close to its 52-week low of $6.62.

According to TipRanks.com, Green is ranked #7373 out of 7757 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alamos Gold with a $9.79 average price target, a 37.9% upside from current levels. In a report issued on January 18, BMO Capital also maintained a Buy rating on the stock with a C$11.00 price target.

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The company has a one-year high of $9.38 and a one-year low of $6.62. Currently, Alamos Gold has an average volume of 3.23M.

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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.

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