Alamos Gold Inc (NYSE:AGI) shares, rose in value, with the stock price down by -1.40% to the previous day’s close as strong demand from buyers drove the stock to $26.76.
Actively observing the price movement in the recent trading, the stock is buoying the session at $27.14. The PE ratio was 43.12 over 12-month period. Referring to stock’s 52-week performance, its high was $31.00, and the low was $15.01. On the whole, AGI has fluctuated by 9.22% over the past month.
With the market capitalization of Alamos Gold Inc currently standing at about $11.25 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.10, with its dividend yield at 0.37%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.73B, with a low estimate of 400.61M and a high estimate of 415.72M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 408.16M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AGI’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.81, with the price of AGI currently trading nearly -4.63% and 1.80% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.45, while the 7-day volatility ratio is showing 5.17% which for the 30-day chart, stands at 4.16%. Furthermore, Alamos Gold Inc (AGI)’s beta value is 0.62, and its average true range (ATR) is 1.30.
A comparison of Alamos Gold Inc (AGI) with its peers suggests the former has fared considerably weaker in the market. AGI showed an intraday change of -1.40% in today’s session so far, and over the past year, it grew by 75.25%%.
Data on historical trading for Alamos Gold Inc (NYSE:AGI) indicates that the trading volumes over the past 3 months, they’ve averaged 3.98 million. According to company’s latest data on outstanding shares, there are 420.51 million shares outstanding.
Nearly 0.37% of Alamos Gold Inc’s shares belong to company insiders and institutional investors own 62.14% of the company’s shares. The stock has risen by 45.12% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AGI stock heading into the next quarter.
