At the time of writing, Alamos Gold Inc. [AGI] stock is trading at $13.36, down -0.96%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AGI shares have gain 8.53% over the last week, with a monthly amount glided 8.71%, and seem to be holding up well over a long-time horizon.
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On 28, February 2024, Alamos Gold Declares Quarterly Dividend. In a post published today on Yahoo Finance, Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 15 consecutive years during which time $334 million has been returned to shareholders through dividends and share buybacks, including $39 million in 2023.
From an analyst’s perspective:
Alamos Gold Inc. [NYSE: AGI] stock has seen the most recent analyst activity on February 29, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $14. Previously, RBC Capital Mkts upgraded its rating to Outperform on January 11, 2024. On October 24, 2023, Desjardins initiated with a Hold rating. TD Securities downgraded its rating to a Hold. Canaccord Genuity downgraded its rating to Hold for this stock on January 19, 2023. In a note dated November 23, 2022, Scotiabank upgraded an Sector Outperform rating on this stock and boosted its target price from $10 to $11.
For the past year, the stock price of Alamos Gold Inc. fluctuated between $9.81 and $14.95. Alamos Gold Inc. [NYSE: AGI] shares were valued at $13.36 at the most recent close of the market.
Analyzing the AGI fundamentals
According to Alamos Gold Inc. [NYSE:AGI], the company’s sales were 1.02B for trailing twelve months, which represents an 9.79% jump. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.07 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.22 points at the first support level, and at 13.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.60, and for the 2nd resistance point, it is at 13.83.
Alamos Gold Inc. [AGI] reported earnings per share of $0.12 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.12/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.14 per share as compared to estimates of $0.12 per share, a difference of $0.02 representing a surprise of 16.70%.
Ratios To Look Out For
It is important to note that Alamos Gold Inc. [NYSE:AGI] has a current ratio of 2.36. As well, the Quick Ratio is 1.27, while the Cash Ratio is 0.91. Considering the valuation of this stock, the price to sales ratio is 5.18, the price to book ratio is 1.81 and price to earnings (TTM) ratio is 25.30.
