In the past week, AGI stock has gone up by 3.07%, with a monthly gain of 6.12% and a quarterly surge of 12.61%. The volatility ratio for the week is 3.30%, and the volatility levels for the last 30 days are 3.57% for Alamos Gold Inc. The simple moving average for the past 20 days is 5.95% for AGI’s stock, with a 12.84% simple moving average for the past 200 days.
Is It Worth Investing in Alamos Gold Inc. (NYSE: AGI) Right Now?
Alamos Gold Inc. (NYSE: AGI) has a higher price-to-earnings ratio of 26.57x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.06. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Alamos Gold Inc. (AGI) is $14.55, which is $0.85 above the current market price. The public float for AGI is 394.51M, and currently, short sellers hold a 1.01% ratio of that float. The average trading volume of AGI on November 21, 2023 was 2.45M shares.
AGI) stock’s latest price update
Alamos Gold Inc. (NYSE: AGI)’s stock price has increased by 5.62 compared to its previous closing price of 12.89. However, the company has seen a 3.07% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-14 that The Zacks Mining – Gold industry’s near-term prospects are bright as gold prices are expected to gain. One can watch stocks like AGI, ORLA and EGO, backed by their growth prospects.
AGI Trading at 10.51% 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 -3.58% of loss for the given period.
Volatility was left at 3.57%, however, over the last 30 days, the volatility rate increased by 3.30%, as shares surge +4.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.32% upper at present.
During the last 5 trading sessions, AGI rose by +2.34%, which changed the moving average for the period of 200-days by +27.54% in comparison to the 20-day moving average, which settled at $12.88. In addition, Alamos Gold Inc. saw 34.67% 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 7.33, with 5.42 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 5.04, 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 put it simply, Alamos Gold Inc. (AGI) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
