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Fly News Breaks for January 15, 2020
AGI
Jan 15, 2020 | 16:22 EDT
Credit Suisse analyst Fahad Tariq downgraded Alamos Gold to Neutral from Outperform with a price target of $7.50, down from $10. The analyst cited elevated execution risk, including uncertainty around the Kirazli constructionrestart and the multi-month Young-Davidson tie-in in Q2, and limited free cash flow in 2020. Tariq also noted, however, that Alamos Gold operates in lower-risk jurisdictions and has a strong balance sheet with no debt.
News For AGI From the Last 2 Days
AGI
Apr 24, 2024 | 15:35 EDT
Pre-earnings options volume in Alamos Gold is normal with calls leading puts 3:1. Implied volatility suggests the market is anticipating a move near 3.9%, or 60c, after results are released. Median move over the past eight quarters is 2.0%.