At the time of writing, Alamos Gold Inc [AGI] stock is trading at $38.49, up 0.10%. 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 6.68% over the last week, with a monthly amount glided 14.35%, 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 a Hold rating.
For the past year, the stock price of Alamos Gold Inc fluctuated between $17.80 and $38.97. Currently, Wall Street analysts expect the stock to reach $49.5 within the next 12 months. Alamos Gold Inc [NYSE: AGI] shares were valued at $38.49 at the most recent close of the market. An investor can expect a potential return of 28.6% based on the average AGI price forecast.
Analyzing the AGI fundamentals
According to Alamos Gold Inc [NYSE:AGI], the company’s sales were 1.61B for trailing twelve months, which represents an 28.10% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
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 37.81 points at the first support level, and at 37.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.30, and for the 2nd resistance point, it is at 40.12.
Ratios To Look Out For
It is important to note that Alamos Gold Inc [NYSE:AGI] has a current ratio of 1.72. Also, the Quick Ratio is 1.33, while the Cash Ratio stands at 0.79. Considering the valuation of this stock, the price to sales ratio is 10.06, the price to book ratio is 4.01 and price to earnings (TTM) ratio is 30.19.
