A share price of Alamos Gold Inc [AGI] is currently trading at $37.01, down -1.31%. 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 13.42% over the last week, with a monthly amount glided 19.23%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On December 03, 2024, upgrade upgraded it’s rating to Outperform. BofA Securities upgraded its rating to a Buy. Jefferies initiated its recommendation with a Buy and recommended $14 as its price target on February 29, 2024. RBC Capital Mkts upgraded its rating to Outperform for this stock on January 11, 2024. In a note dated October 24, 2023, Desjardins initiated an Hold rating.
Alamos Gold Inc experienced fluctuations in its stock price throughout the past year between $17.80 and $37.67. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. Alamos Gold Inc [NYSE: AGI] shares were valued at $37.01 at the most recent close of the market. An investor can expect a potential return of 35.1% based on the average AGI price forecast.
Analyzing the AGI fundamentals
Trailing Twelve Months sales for Alamos Gold Inc [NYSE:AGI] were 1.61B which represents 28.10% growth. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.39%, Pretax Profit Margin comes in at 0.46%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.14 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
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 36.56 points at the first support level, and at 36.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.73, and for the 2nd resistance point, it is at 38.45.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Alamos Gold Inc [NYSE:AGI] is 1.72. In addition, the Quick Ratio stands at 1.33 and the Cash Ratio stands at 0.79. Considering the valuation of this stock, the price to sales ratio is 9.67, the price to book ratio is 3.85 and price to earnings (TTM) ratio is 29.03.
