Alamos Gold Inc. (NYSE: AGI) is 2.15% higher on its value in year-to-date trading and has touched a low of $9.81 and a high of $14.95 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 $13.36 in the last trading session, with the day’s gains setting it 0.4%.
Currently trading at $13.76, the stock is 13.79% and 11.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.57 million and changing 2.99% at the moment leaves the stock 10.56% off its SMA200. AGI registered 39.70% gain for a year compared to 6-month gain of 16.51%. The firm has a 50-day simple moving average (SMA 50) of $5.08 and a 200-day simple moving average (SMA200) of $10.69.
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The stock witnessed a 13.72% loss in the last 1 month and extending the period to 3 months gives it a -2.82%, and is 7.17% 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 3.13% over the week and 2.87% over the month.
Alamos Gold Inc. (AGI) has around 3484 employees, a market worth around $5.46B and $1.02B in sales. Current P/E ratio is 26.06 and Fwd P/E is 21.09. Profit margin for the company is 20.52%. Distance from 52-week low is 40.34% and -7.96% from its 52-week high. The company has generated returns on investments over the last 12 months (7.18%).
Alamos Gold Inc. quarterly earnings per share for the current quarter are estimated at $0.14 with sales reaching $272M over the same period.The EPS is expected to grow by 7.25% this year, but quarterly earnings will post -0.10% year-over-year. Quarterly sales are estimated to grow 8.20% in year-over-year returns.
Alamos Gold Inc. (AGI) Top Institutional Holders
462 institutions hold shares in Alamos Gold Inc. (AGI), with institutional investors hold 69.71% of the company’s shares. The shares outstanding are 396.96M, and float is at 395.47M with Short Float at 0.52%. Institutions hold 69.51% of the Float.
The top institutional shareholder in the company is Van Eck Associates Corporation with over 52.13 million shares valued at $621.38 million. The investor’s holdings represent 13.15% of the AGI Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 14.0 million shares valued at $166.88 million to account for 3.53% of the shares outstanding. The other top investors are First Eagle Investment Management, LLC which holds 9.86 million shares representing 2.49% and valued at over $117.56 million, while Royal Bank of Canada holds 2.19% of the shares totaling 8.67 million with a market value of $103.4 million.
