Alamos Gold Inc. (NYSE:AGI) went up by 1.70% from its latest closing price compared to the recent 1-year high of $11.38. The company’s stock price has collected 5.67% of gains in the last five trading sessions.
Is It Worth Investing in Alamos Gold Inc. (NYSE :AGI) Right Now?
Alamos Gold Inc. (NYSE:AGI) scored a price-to-earnings ratio above its average ratio, recording 127.75 x from its present earnings ratio. Plus, the 36-month beta value for AGI is at 1.07. Opinions of the stock are interesting as 7 analysts out of 12 who provided ratings for Alamos Gold Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $11.82, which is -$1.12 below the current price. AGI currently public float of 391.47M and currently shorts hold a 1.41% ratio of that float. Today, the average trading volume of AGI was 3.70M shares.
AGI’s Market Performance
AGI stocks went up by 5.67% for the week, with a monthly jump of 13.70% and a quarterly performance of 48.43%, while its annual performance rate touched 61.74%. The volatility ratio for the week stands at 3.13% while the volatility levels for the past 30 days are set at 3.08% for Alamos Gold Inc. The simple moving average for the period of the last 20 days is 6.90% for AGI stocks with a simple moving average of 38.93% for the last 200 days.
Analysts’ Opinion of AGI
Scotiabank, on the other hand, stated in their research note that they expect to see AGI reach a price target of $11, previously predicting the price at $10. The rating they have provided for AGI stocks is “Sector Outperform” according to the report published on November 23rd, 2022.
AGI Trading at 14.37% from the 50-Day Moving Average
After a stumble in the market that brought AGI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.09% of loss for the given period.
Volatility was left at 3.08%, however, over the last 30 days, the volatility rate increased by 3.13%, as shares surge +13.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +37.15% upper at present.
During the last 5 trading sessions, AGI rose by +5.67%, which changed the moving average for the period of 200-days by +35.04% in comparison to the 20-day moving average, which settled at $10.70. In addition, Alamos Gold Inc. saw 12.46% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AGI
Current profitability levels for the company are sitting at:
- +28.76 for the present operating margin
- +33.09 for the gross margin
The net margin for Alamos Gold Inc. stands at -8.10. Equity return is now at value 1.00, with 0.70 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.92.