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Alamos Gold (AGI) Shows Strength: Stock Moves Up 7.7%

Zacks Equity Research

Alamos Gold (AGI) was a big mover last session, as its shares rose almost 8% 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 downtrend for the company since Nov 25, as the stock is now down over 4% in the past one-month time frame.

Over the last 30 days, the company witnessed one negative estimate revision while the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Alamos Gold currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Better-ranked basic materials stocks include Banro Corporation (BAA), Alcoa Inc. (AA) and Celanese Corporation (CE). All three sport a Zacks Rank #1 (Strong Buy).

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ALAMOS GOLD INC (AGI): Free Stock Analysis Report

BANRO CP (BAA): Free Stock Analysis Report

ALCOA INC (AA): Free Stock Analysis Report

CELANESE CORP DEL (CE): Free Stock Analysis Report


Zacks Investment Research