Long-Time Horizon Analysis of Alamos Gold Inc (AGI) Stock

Alamos Gold Inc [AGI] stock is trading at $20.12, down -0.30%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AGI shares have gain 3.71% over the last week, with a monthly amount glided 11.10%, and 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.

Alamos Gold Inc [AGI] stock has fluctuated between $11.24 and $21.45 over the past year. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Alamos Gold Inc [NYSE: AGI] shares were valued at $20.12 at the most recent close of the market. An investor can expect a potential drop of -10.54% based on the average AGI price forecast.

Analyzing the AGI fundamentals

Alamos Gold Inc [NYSE:AGI] reported sales of 1.23B for the trailing twelve months, which represents a growth of 40.87%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.

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 19.82 points at the first support level, and at 19.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.28, and for the 2nd resistance point, it is at 20.44.

Ratios To Look Out For

For context, Alamos Gold Inc’s Current Ratio is 1.62. Also, the Quick Ratio is 0.97, while the Cash Ratio stands at 0.78. Considering the valuation of this stock, the price to sales ratio is 6.90, the price to book ratio is 2.41 and price to earnings (TTM) ratio is 33.52.

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