At the time of writing, Alamos Gold Inc [AGI] stock is trading at $19.54, up 2.52%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AGI shares have gain 5.45% over the last week, with a monthly amount drifted -1.01%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Alamos Gold Inc [NYSE: AGI] stock has seen the most recent analyst activity on December 03, 2024, when National Bank Financial upgraded its rating to a Outperform. Previously, BofA Securities upgraded its rating to Buy on April 09, 2024. On February 29, 2024, Jefferies initiated with a Buy rating and assigned a price target of $14 on the stock. RBC Capital Mkts upgraded its rating to a Outperform. Desjardins initiated its recommendation with a Hold. In a note dated April 19, 2023, TD Securities downgraded an Hold rating on this stock.
For the past year, the stock price of Alamos Gold Inc fluctuated between $11.24 and $21.45. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Alamos Gold Inc [NYSE: AGI] shares were valued at $19.54 at the most recent close of the market. An investor can expect a potential drop of -7.88% based on the average AGI price forecast.
Analyzing the AGI fundamentals
According to Alamos Gold Inc [NYSE:AGI], the company’s sales were 1.23B for trailing twelve months, which represents an 40.87% jump. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.38%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
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 19.34 points at the first support level, and at 19.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.89, and for the 2nd resistance point, it is at 20.24.
Ratios To Look Out For
It is important to note that Alamos Gold Inc [NYSE:AGI] has a current ratio of 1.62. In addition, the Quick Ratio stands at 0.97 and the Cash Ratio stands at 0.78. Considering the valuation of this stock, the price to sales ratio is 6.70, the price to book ratio is 2.34 and price to earnings (TTM) ratio is 32.56.
