Alamos Gold Inc. (NYSE: AGI) has a price-to-earnings ratio of 28.13x that is above its average ratio. Additionally, the 36-month beta value for AGI is 1.17. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for AGI is 395.52M and currently, short sellers hold a 0.55% ratio of that float. The average trading volume of AGI on April 08, 2024 was 2.52M shares.
AGI) stock’s latest price update
Alamos Gold Inc. (NYSE: AGI)’s stock price has increased by 0.17 compared to its previous closing price of 14.83. However, the company has seen a 2.31% increase in its stock price over the last five trading sessions. GlobeNewsWire reported 2024-04-03 that TORONTO, April 03, 2024 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its first quarter 2024 financial results after market close on Wednesday, April 24, 2024. Senior management will host a conference call on Thursday, April 25, 2024 at 11:00 am ET to discuss the results. The Company will hold its 2024 Annual General and Special Meeting of Shareholders (the “Annual Meeting”) on Thursday, May 23, 2024.
AGI’s Market Performance
Alamos Gold Inc. (AGI) has experienced a 2.31% rise in stock performance for the past week, with a 10.12% rise in the past month, and a 14.36% rise in the past quarter. The volatility ratio for the week is 3.19%, and the volatility levels for the past 30 days are at 2.89% for AGI. The simple moving average for the past 20 days is 6.54% for AGI’s stock, with a 17.90% simple moving average for the past 200 days.
Analysts’ Opinion of AGI
Many brokerage firms have already submitted their reports for AGI stocks, with Jefferies repeating the rating for AGI by listing it as a “Buy.” The predicted price for AGI in the upcoming period, according to Jefferies is $14 based on the research report published on February 29, 2024 of the current year 2024.
AGI Trading at 15.52% 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 -1.49% of loss for the given period.
Volatility was left at 2.89%, however, over the last 30 days, the volatility rate increased by 3.19%, as shares surge +11.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.07% upper at present.
During the last 5 trading sessions, AGI rose by +2.48%, which changed the moving average for the period of 200-days by +26.75% in comparison to the 20-day moving average, which settled at $14.02. In addition, Alamos Gold Inc. saw 10.28% 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:
- 0.31 for the present operating margin
- 0.37 for the gross margin
The net margin for Alamos Gold Inc. stands at 0.2. The total capital return value is set at 0.08. Equity return is now at value 7.44, with 5.47 for asset returns.
Based on Alamos Gold Inc. (AGI), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 1195.39. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 126.68.
Currently, EBITDA for the company is 514.26 million with net debt to EBITDA at -0.44. When we switch over and look at the enterprise to sales, we see a ratio of 5.5. The receivables turnover for the company is 19.39for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.36.
Conclusion
In conclusion, Alamos Gold Inc. (AGI) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
