Alamos Gold Inc. (NYSE: AGI) has a price-to-earnings ratio that is above its average at 22.87x. and a 36-month beta value of 1.10. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”
The average price predicted for Alamos Gold Inc. (AGI) by analysts is $14.42, which is $0.71 above the current market price. The public float for AGI is 394.97M, and at present, short sellers hold a 1.59% of that float. On September 19, 2023, the average trading volume of AGI was 2.21M shares.
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AGI) stock’s latest price update
Alamos Gold Inc. (NYSE: AGI)’s stock price has plunge by 0.12relation to previous closing price of 12.63. Nevertheless, the company has seen a 5.99% surge in its stock price over the last five trading sessions. Seeking Alpha reported 2023-09-18 that Alamos Gold released an updated Feasibility Study for its Lynn Lake Project, showing significant increases in gold reserves and the production profile (first 10 years). The upfront capital expenditure estimate for the project increased materially, but this isn’t that far out of line with sector-wide inflation at other assets and incorporates scope changes. In this update, we’ll look at the project’s economics, how it stacks up vs. other undeveloped gold projects, and why there looks to be an upside to the NPV (5%)/production profile.
AGI’s Market Performance
Alamos Gold Inc. (AGI) has seen a 5.99% rise in stock performance for the week, with a 14.54% gain in the past month and a 8.26% surge in the past quarter. The volatility ratio for the week is 2.32%, and the volatility levels for the past 30 days are at 2.73% for AGI. The simple moving average for the past 20 days is 3.84% for AGI’s stock, with a 8.61% simple moving average for the past 200 days.
Analysts’ Opinion of AGI
Many brokerage firms have already submitted their reports for AGI stocks, with Scotiabank repeating the rating for AGI by listing it as a “Sector Outperform.” The predicted price for AGI in the upcoming period, according to Scotiabank is $14.50 based on the research report published on April 24, 2023 of the current year 2023.
AGI Trading at 4.72% 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 -10.45% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 2.32%, as shares surge +11.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.63% upper at present.
During the last 5 trading sessions, AGI rose by +6.08%, which changed the moving average for the period of 200-days by +30.46% in comparison to the 20-day moving average, which settled at $12.24. In addition, Alamos Gold Inc. saw 25.07% 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:
- +17.72 for the present operating margin
- +23.10 for the gross margin
The net margin for Alamos Gold Inc. stands at +4.52. The total capital return value is set at 5.30, while invested capital returns managed to touch 1.35. Equity return is now at value 5.90, with 4.40 for asset returns.
Based on Alamos Gold Inc. (AGI), the company’s capital structure generated 0.06 points at debt to equity in total, while total debt to capital is 0.06. Total debt to assets is 0.04, with long-term debt to equity ratio resting at 0.04. Finally, the long-term debt to capital ratio is 0.04.
When we switch over and look at the enterprise to sales, we see a ratio of 5.10, with the company’s debt to enterprise value settled at 0.00. The receivables turnover for the company is 21.24 and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.42.
Conclusion
To sum up, Alamos Gold Inc. (AGI) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
