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Why Alamos Gold Stock Is Plummeting Today

TheMotleyFool

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Why Alamos Gold Stock Is Plummeting Today: https://g.foolcdn.com/editorial/images/875581/gold-bars-and-gold-coins.jpg

The price of gold may be inching higher today, but you couldn't tell based on the downward movement in Alamos Gold (NYSE: AGI) stock. Oftentimes, the prices of gold stocks move with changes in the price of gold; however, Alamos Gold downwardly revised its second-quarter forecast, prompting investors to click the sell button today.

As of 10:27 a.m. ET, shares of Alamos Gold are down 14.6%.

Image source: Getty Images.

Source Fool.com

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