As of Friday close, Alamos Gold Inc.’s (NYSE:AGI) stock was down -$0.5, moving down -4.00 percent to $11.99. The average number of shares traded per day over the past five days has been 2,929,980 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.43 fall in that time frame. In the last twenty days, the average volume was 2,488,040, while in the previous 50 days, it was 2,300,714.
Since last month, AGI stock retreated -0.83%. Shares of the company fell to $11.65 on 08/23/23, the lowest level in the past month. A 52-week high of $14.12 was reached on 05/04/23 after having rallying from a 52-week low of $6.35. Since the beginning of this year, AGI’s stock price has risen by 18.60% or $1.88, and marked a new high 21 times. However, the stock has declined by -15.08% since its 52-week high.
Valuation Metrics
Right now, Alamos Gold Inc. (AGI) has a P/E ratio of about 21.68. The stock’s beta is 1.10. Besides these, the trailing price-to-sales (P/S) ratio of 4.83, the price-to-book (PB) ratio of 1.23, and the price-to-cash flow ratio of 26.49 may also be considered.
The latest dividend of $0.0250 per share was paid out, remained unchanged from last year’s $0.0250. On Sunday March 14 2021, a $0.0050 dividend increase was announced.
Financial Health
In the three months ended June 29, Alamos Gold Inc.’s quick ratio stood at 1.30, while its current ratio was 2.50, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 54.60% percent. In the year ended June 29, EBITDA margin amounted to 39.11%, whereas operating margins totaled 26.60%. Based on annual data, AGI earned $426.8 million in gross profit and brought in $821.2 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.70%. Return on equity (ROE) for the past 12 months was 5.90%.
In Alamos Gold Inc.’s quarter-end financial report for June 29, it reported total debt of $1.83 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. AGI’s revenue rose 100.0% to $185.1 million during the quarter, while net income inched up to $241.1 million. While analysts expected Alamos Gold Inc. to report $0.13 quarterly earnings, the actual figure was $0.15 per share, beating the consensus estimate by 15.40%. During the quarter, the company generated $134.7 million in EBITDA. The liabilities of Alamos Gold Inc. were 993.7 million at the end of its most recent quarter ended June 29, and its total debt was $0.4 million.
Technical Picture
This quick technical analysis looks at Alamos Gold Inc.’s (AGI) price momentum. With a historical volatility rate of 30.58%, the RSI 9-day stood at 41.67% on 22 September.
With respect to its five-day moving average, the current Alamos Gold Inc. price is down by -3.46% percent or -$0.43. At present, AGI shares trade -2.04% below its 20-day simple moving average and -8.05% percent below its 100-day simple moving average. However, the stock is currently trading approximately -5.37% below its SMA50 and +22.85% above its SMA200.
Stochastic coefficient K was 53.66% and Stochastic coefficient D was 64.29%, while ATR was 0.36. Given the Stochastic reading of 24.41% for the 14-day period, the RSI (14) reading has been calculated as 46.11%. As of today, the MACD Oscillator reading stands at 0.07, while the 14-day reading stands at 0.23.
Analyst Ratings
Alamos Gold Inc. (AGI) has been rated Overweight by analysts. According to 0 brokerage firms, AGI is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Alamos Gold Inc. stock as buy, with 8 recommending it as overweight.
With a median target price of $14.06, the current consensus forecast for the stock is $11.00 – $17.74. Based on these forecasts, analysts predict Alamos Gold Inc. (AGI) will achieve an average price target of $14.43.
