Alamos Gold Inc. (AGI) Jumps: Stock Rises 9.3% – Tale of the Tape

Zacks

Alamos Gold Inc. (AGI) was a big mover last session, as the company saw its shares rise by over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained almost 24% since May 29.

This gold mining company has seen one estimate revision over the past 30 days and its Zacks Consensus Estimate has moved down over the same time frame, 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 has a Zacks Rank #2 (Hold) while its Earnings ESP is 0.00%.

Some stocks in the same industry looking equally good include Agnico Eagle Mines Limited (AEM), Gold Resource Corp. (GORO) and Pretium Resources Inc. (PVG). While Agnico Eagle Mines Limited holds a Zacks Rank #1 (Strong Buy), Gold Resource and Pretium Resources carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply