Alamos Gold Inc. (AGI) was a big mover last session, as the company saw its shares rise by nearly 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $7.72 to $8.75 in the past one-month time frame.
The company has seen no estimate revisions over the past one month, while its Zacks Consensus Estimate has remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future to see if yesterday’s jump can turn into more strength down the road.
Alamos Gold currently sports a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Some other gold stocks worth considering include Rio Alto Mining Limited (RIOM), Allied Nevada Gold Corp. (ANV) and AngloGold Ashanti Ltd. (AU). While Rio Alto Mining sports a Zacks Rank #1, both Allied Nevada Gold and AngloGold Ashanti hold a Zacks Rank #2.
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