Alamos Gold Inc. (AGI) concluded trading on 01/11/24 at a closing price of $12.71, with 3.02 million shares of worth about $38.37 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.32% during that period and on Thursday the price saw a gain of about 0.87%. Currently the company’s common shares owned by public are about 396.86M shares, out of which, 395.03M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 12 analysts are covering the AGI stock and their offered price forecasts bring an average price target of $15.80. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $18.68 and could fall to a lowest price of $12.71. However, touching the estimated high of $18.68 would mean a gain of 31.96% for the stock.
Alamos Gold Inc. (NYSE: AGI) started trading at $12.77, above $0.17 from concluding price of the previous day. However, the stock later moved at a day high price of 12.90, or with a gain of 0.87%. Stock saw a price change of -1.63% in past 5 days and over the past one month there was a price change of -5.36%. Year-to-date (YTD), AGI shares are showing a performance of -5.64% which increased to 16.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.78 but also hit the highest price of $14.95 during that period. The average intraday trading volume for Alamos Gold Inc. shares is 2.81 million. The stock is currently trading -5.38% below its 20-day simple moving average (SMA20), while that difference is down -5.52% for SMA50 and it goes to 0.83% higher than SMA200.
Alamos Gold Inc. (NYSE: AGI) currently have 396.86M outstanding shares and institutions hold larger chunk of about 58.19% of that.
The stock has a current market capitalization of $5.04B and its 3Y-monthly beta is at 1.16. PE ratio of stock for trailing 12 months is 24.80, while it has posted earnings per share of $0.51 in the same period. It has Quick Ratio of 1.27 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AGI, volatility over the week remained 2.73% while standing at 2.97% over the month.
Analysts are in expectations that Alamos Gold Inc. (AGI) stock would likely to be making an EPS of $0.11 in the current quarter, while forecast for next quarter EPS is $0.14 and it is $0.57 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.08 which is $0.13 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.09 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 90.48% while it is estimated to decrease by -2.50% in next year. EPS is likely to shrink at an annualized rate of -13.89% for next 5-years, compared to annual growth of 1.67% made by the stock over the past 5-years.
Analysts at 12 brokerage firms have issued recommendations for the Alamos Gold Inc. (AGI)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.50. Out of those 12 Wall Street analysts, 9 recommended a “Buy” rating, while 3 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
