In the past week, AGI stock has gone down by -0.37%, with a monthly gain of 8.94% and a quarterly surge of 15.12%. The volatility ratio for the week is 4.47%, and the volatility levels for the last 30 days are 3.30% for Alamos Gold Inc. The simple moving average for the last 20 days is 3.40% for AGI stock, with a simple moving average of 16.70% for the last 200 days.
Is It Worth Investing in Alamos Gold Inc. (NYSE: AGI) Right Now?
Alamos Gold Inc. (NYSE: AGI) has a price-to-earnings ratio of 28.04x that is above its average ratio. Additionally, the 36-month beta value for AGI is 1.16. 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 395.50M and currently, short sellers hold a 0.82% ratio of that float. The average trading volume of AGI on April 15, 2024 was 2.62M shares.
AGI) stock’s latest price update
The stock of Alamos Gold Inc. (NYSE: AGI) has decreased by -2.66 when compared to last closing price of 15.21. Despite this, the company has experienced a -0.37% fall in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-14 that Alamos Gold: The Argonaut Gold Acquisition Will Boost Production And Deliver Substantial Synergies
Analysts’ Opinion of AGI
Jefferies, on the other hand, stated in their research note that they expect to see AGI reach a price target of $14. The rating they have provided for AGI stocks is “Buy” according to the report published on February 29th, 2024.
AGI Trading at 12.60% 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 -7.53% of loss for the given period.
Volatility was left at 3.30%, however, over the last 30 days, the volatility rate increased by 4.47%, as shares surge +9.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.15% upper at present.
During the last 5 trading sessions, AGI fell by -0.03%, which changed the moving average for the period of 200-days by +29.29% in comparison to the 20-day moving average, which settled at $14.38. In addition, Alamos Gold Inc. saw 9.91% 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 5.46. 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.
