Alamos Gold Inc (AGI) shares projected to rise by 14.0%

Kevin Freeman

Alamos Gold Inc [AGI] stock is trading at $43.42, up 2.94%. 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 7.74% over the last week, with a monthly amount glided 7.24%, 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 [AGI] stock has fluctuated between $19.68 and $43.87 over the past year. 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 $43.42 at the most recent close of the market. An investor can expect a potential return of 14.0% based on the average AGI price forecast.

Analyzing the AGI fundamentals

Alamos Gold Inc [NYSE:AGI] reported sales of 1.61B for the trailing twelve months, which represents a growth of 28.10%. 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.

Ratios To Look Out For

For context, Alamos Gold Inc’s Current Ratio 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 11.33, the price to book ratio is 4.52 and price to earnings (TTM) ratio is 34.06.

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