Currently, Alamos Gold Inc [AGI] is trading at $23.95, up 3.90%. 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 3.55% over the last week, with a monthly amount glided 7.98%, 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.
This stock has fluctuated between a low of $13.06 and a high of $24.59 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Alamos Gold Inc [NYSE: AGI] shares were valued at $23.95 at the most recent close of the market. An investor can expect a potential drop of -24.84% based on the average AGI price forecast.
Analyzing the AGI fundamentals
Trailing Twelve Months sales for Alamos Gold Inc [NYSE:AGI] were 1.35B which represents 47.60% growth. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.42%, Pretax Profit Margin comes in at 0.37%, 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 0.09 and Total Capital is 0.11. 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 23.47 points at the first support level, and at 22.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.29, and for the 2nd resistance point, it is at 24.63.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Alamos Gold Inc [NYSE:AGI] is 1.51. As well, the Quick Ratio is 0.96, while the Cash Ratio is 0.76. Considering the valuation of this stock, the price to sales ratio is 7.48, the price to book ratio is 2.81 and price to earnings (TTM) ratio is 34.71.
