Alamos Gold Inc. (NYSE: AGI) is 71.93% higher on its value in year-to-date trading and has touched a low of $3.34 and a high of $10.57 in the current 52-week trading range. The AGI stock was last observed hovering at around $10.35 in the recent trading session, with the current loss setting it -0.02% off its average median price target of $10.02 for the next 12 months. It is also 17.75% off the consensus price target high of $12.56 offered by 12 analysts, but current levels are -51.24% lower than the price target low of $6.83 for the same period.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
At last check, trading at $10.33, the stock is 18.42% and 23.79% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.83 million and changing -0.19% at the moment leaves the stock 60.30% off its SMA200. AGI registered 64.55% gain for a year compared to 6-month gain of 83.84%. The firm has a 50-day simple moving average (SMA 50) of $8.40 and a 200-day simple moving average (SMA200) of $6.88.
The stock witnessed a 32.86% loss in the last 1 month and extending the period to 3 months gives it a 77.23%, and is 10.11% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.04% over the week and 5.43% over the month.
Alamos Gold Inc. (AGI) has around 1700 employees, a market worth around $4.05B and $703.90M in sales. Current P/E ratio is 60.88 and Fwd P/E is 47.05. Distance from 52-week low is 209.28% and -2.27% from its 52-week high.
Alamos Gold Inc. (AGI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Alamos Gold Inc. (AGI) is a “Overweight”. 12 analysts offering their recommendations for the stock have an average rating of 2.20, where 3 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Alamos Gold Inc. is expected to release its quarterly report on 07/29/2020 and quarterly earnings per share for the current quarter are estimated at $0.06 with sales reaching $147.86M over the same period.The EPS is expected to grow by 650.00% this year, but quarterly earnings will post 11.40% year-over-year. Quarterly sales are estimated to grow 11.80% in year-over-year returns.
Alamos Gold Inc. (AGI) Top Institutional Holders
288 institutions hold shares in Alamos Gold Inc. (AGI), with 1.18M shares held by insiders accounting for 0.30% while institutional investors hold 82.04% of the company’s shares. The shares outstanding are 391.25M, and float is at 389.04M with Short Float at 0.99%. Institutions hold 81.79% of the Float.
The top institutional shareholder in the company is Van Eck Associates Corporation with over 41.74 million shares valued at $208.7 million. The investor’s holdings represent 10.67% of the AGI Shares outstanding. As of Mar 30, 2020, the second largest holder is Renaissance Technologies, LLC with 13.2 million shares valued at $66.01 million to account for 3.37% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 11.59 million shares representing 2.96% and valued at over $57.93 million, while Beutel, Goodman & Company Ltd holds 2.88% of the shares totaling 11.29 million with a market value of $56.43 million.
Alamos Gold Inc. (AGI): Who are the competitors?
The company’s main competitors (and peers) include Kellogg Company (K) that is trading 20.30% up over the past 12 months. Yamana Gold Inc. (AUY) is 112.55% up on the 1-year trading charts. Short interest in the company’s stock has risen 39.16% from the last report on May 14, 2020 to stand at a total of 2.33 million short shares sold with a short interest ratio of 1.05.