Alamos Gold Inc. (NYSE: AGI) is 4.29% higher on its value in year-to-date trading and has touched a low of $6.35 and a high of $9.22 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AGI stock was last observed hovering at around $7.77 in the last trading session, with the day’s gains setting it 0.25% off its average median price target of $9.51 for the next 12 months. It is also 35.58% off the consensus price target high of $12.45 offered by 13 analysts, but current levels are -0.25% lower than the price target low of $8.00 for the same period.
Currently trading at $8.02, the stock is 11.25% and 7.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.1 million and changing 3.22% at the moment leaves the stock 6.07% off its SMA200. AGI registered 9.26% gain for a year compared to 6-month loss of -7.71%.
The stock witnessed a 11.85% gain in the last 1 month and extending the period to 3 months gives it a 13.44%, and is 23.57% 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 5.38% over the week and 4.30% over the month.
Alamos Gold Inc. (AGI) has around 1840 employees, a market worth around $4.21B and $1.06B in sales. Current P/E ratio is 44.07 and Fwd P/E is 16.14. Profit margin for the company is 6.80%. Distance from 52-week low is 26.30% and -13.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.00%).
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 2.40, where 4 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 02/22/2023.The EPS is expected to shrink by -146.50% this year.
Alamos Gold Inc. (AGI) Top Institutional Holders
The shares outstanding are 391.76M, and float is at 390.57M with Short Float at 2.69%.
Alamos Gold Inc. (AGI): Who are the competitors?
The company’s main competitors (and peers) include Kellogg Company (K) that is trading 11.76% up over the past 12 months and Barrick Gold Corporation (GOLD) that is -10.31% lower over the same period. Yamana Gold Inc. (AUY) is 25.76% up on the 1-year trading charts.