The trading price of Alamos Gold Inc. (NYSE:AGI) closed higher on Tuesday, April 23, closing at $15.13, 2.51% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 28.66. In examining the 52-week price action we see that the stock hit a 52-week high of $16.01 and a 52-week low of $10.78. Over the past month, the stock has gained 12.07% in value.
Alamos Gold Inc., whose market valuation is $6.01 billion at the time of this writing. The dividend yield on the company stock is 0.66%, while its Forward Dividend ratio is 0.10. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $0.14 per share this quarter, however they have predicted annual earnings per share of $0.58 for 2024 and $0.71 for 2025. It means analysts are expecting annual earnings per share growth of 9.40% this year and 22.40% next year.
Analysts have forecast the company to bring in revenue of $272 million for the current quarter, with the likely lows of $272 million and highs of $272 million. The average estimate suggests sales will likely up by 8.20% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2024 is $1.06 billion. The company’s revenue is forecast to grow by 3.80% over what it did in 2024.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Alamos Gold Inc. no upward and no downward comments were posted in the last 7 days. 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.
A quick review shows that AGI’s price is currently 2.41% off the SMA20 and 12.42% off the SMA50. The RSI metric on the 14-day chart is currently showing 60.35, and weekly volatility stands at 2.83%. When measured over the past 30 days, the indicator reaches 3.54%. Alamos Gold Inc. (NYSE:AGI)’s beta value is currently sitting at 1.16, while the Average True Range indicator is currently displaying 0.50.
To see how Alamos Gold Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: AGI stock’s performance was 2.51% in the latest trading, and 18.76% in the past year. Alamos Gold Inc. has a P/E ratio of 28.66.
An evaluation of the daily trading volume of Alamos Gold Inc. (NYSE:AGI) indicates that the 3-month average is 2.64 million.
Currently, records show that 396.96 million of the company’s shares remain outstanding. The insiders hold 0.35% of outstanding shares, whereas institutions hold 59.48%. However, since the stock’s price has seen 12.32% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
