Alamos Gold Inc. (NYSE: AGI) is 7.77% higher on its value in year-to-date trading and has touched a low of $3.34 and a high of $11.58 in the current 52-week trading range. The AGI stock was last observed hovering at around $9.43 in the last trading session, with the day’s loss setting it -0.53% off its average median price target of $13.67 for the next 12 months. It is also 44.41% off the consensus price target high of $16.01 offered by 13 analysts, but current levels are -3.37% lower than the price target low of $8.61 for the same period.
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Currently trading at $8.90, the stock is -2.41% and -0.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.76 million and changing -5.62% at the moment leaves the stock 0.95% off its SMA200. AGI registered 67.50% gain for a year compared to 6-month loss of -8.89%. The firm has a 50-day simple moving average (SMA 50) of $8.90 and a 200-day simple moving average (SMA200) of $9.44.
The stock witnessed a 1.51% gain in the last 1 month and extending the period to 3 months gives it a 7.89%, and is 4.89% 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 4.93% over the week and 4.12% over the month.
Alamos Gold Inc. (AGI) has around 1700 employees, a market worth around $3.70B and $707.50M in sales. Current P/E ratio is 36.27 and Fwd P/E is 30.42. Distance from 52-week low is 166.47% and -23.14% 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”. 13 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”. 9 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 05/05/2021 and quarterly earnings per share for the current quarter are estimated at $0.05 with sales reaching $167.43M over the same period.The EPS is expected to grow by 53.80% this year, but quarterly earnings will post 18.20% year-over-year. Quarterly sales are estimated to grow 38.40% in year-over-year returns.
Alamos Gold Inc. (AGI) Top Institutional Holders
330 institutions hold shares in Alamos Gold Inc. (AGI), with 1.18M shares held by insiders accounting for 0.30% while institutional investors hold 74.86% of the company’s shares. The shares outstanding are 392.73M, and float is at 390.99M with Short Float at 0.74%. Institutions hold 74.64% of the Float.
The top institutional shareholder in the company is Van Eck Associates Corporation with over 41.34 million shares valued at $364.19 million. The investor’s holdings represent 10.53% of the AGI Shares outstanding. As of Sep 29, 2020, the second largest holder is Renaissance Technologies, LLC with 11.94 million shares valued at $105.2 million to account for 3.04% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 11.35 million shares representing 2.89% and valued at over $100.02 million, while Franklin Resources, Inc. holds 2.32% of the shares totaling 9.12 million with a market value of $80.36 million.
Alamos Gold Inc. (AGI): Who are the competitors?
The company’s main competitors (and peers) include Kellogg Company (K) that is trading -11.61% down over the past 12 months. Yamana Gold Inc. (AUY) is 58.49% up on the 1-year trading charts. Short interest in the company’s stock has fallen -112.07% from the last report on Nov 12, 2020 to stand at a total of 6.15 million short shares sold with a short interest ratio of 0.96.