The trading price of Alamos Gold Inc (NYSE:AGI) floating higher at last check on current market day and closing at $22.56, 0.36% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $22.34 and $22.77. The company’s P/E ratio in the trailing 12-month period was 37.59, while its 5Y monthly beta was 1.088. In examining the 52-week price action we see that the stock hit a 52-week high of $23.06 and a 52-week low of $11.24. Over the past month, the stock has gained 17.75% in value.
Alamos Gold Inc, whose market valuation is $9.48 billion at the time of this writing, is expected to release its quarterly earnings report in March. The dividend yield on the company stock is 0.44%, while its Forward Dividend ratio is 0.10. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest AGI has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned AGI a recommendation rating is 8. Out of them, 1 rate it a Hold, while 7 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Alamos Gold Inc (AGI) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.05, which symbolizes a positive outlook. A quick review shows that AGI’s price is currently 7.44% off the SMA20 and 14.07% off the SMA50. The RSI metric on the 14-day chart is currently showing 70.95, and weekly volatility stands at 2.40%. When measured over the past 30 days, the indicator reaches 2.59%. Alamos Gold Inc (NYSE:AGI)’s beta value is currently sitting at 1.17, while the Average True Range indicator is currently displaying 0.60. With analysts defining $18-$18 as the low and high price targets, we arrive at a consensus price target of $18 for the trailing 12-month period. The current price is about 20.21% off the estimated low and 20.21% off the forecast high, based on this estimate. Investors will be thrilled if AGI’s share price rises to $18, which is the median consensus price. At that level, AGI’s share price would be 20.21% above current price.
To see how Alamos Gold Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: AGI stock’s performance was 0.36% at last check in today’s session, and 88.79% in the past year. Alamos Gold Inc has a P/E ratio of 37.59.
An evaluation of the daily trading volume of Alamos Gold Inc (NYSE:AGI) indicates that the 3-month average is 2.21 million. However, this figure has increased over the past 10 days to an average of 2.33.
Currently, records show that 420.05 million of the company’s shares remain outstanding. The insiders hold 0.69% of outstanding shares, whereas institutions hold 60.37%. The stats also highlight that short interest as of 2025-01-31, stood at 2.86 million shares, resulting in a short ratio of 1.5 at that time. It is noteworthy that short shares in January were up slightly from the previous month’s figure, which was 2.84 million. However, since the stock’s price has seen 22.34% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
