Is this a Prime Time To acquire Alamos Gold Inc. (AGI) stock

The price of Alamos Gold Inc. (NYSE: AGI) closed at $10.61 in the last session, down -0.09% from day before closing price of $10.62. In other words, the price has decreased by -$0.01 from its previous closing price. On the day, 2197048 shares were traded. AGI stock price reached its highest trading level at $10.73 during the session, while it also had its lowest trading level at $10.32.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".



We take a closer look at AGI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

On November 23, 2022, Scotiabank Upgraded its rating to Sector Outperform which previously was Sector Perform and also upped its target price recommendation from $10 to $11.

Valuation Measures:

As of this moment, Alamos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 83.54, and their Forward P/E ratio for the next fiscal year is 23.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.98 while its Price-to-Book (P/B) ratio in mrq is 1.11.

Stock Price History:

Over the past 52 weeks, AGI has reached a high of $11.61, while it has fallen to a 52-week low of $6.35. The 50-Day Moving Average of the stock is 10.65, while the 200-Day Moving Average is calculated to be 8.66.

Shares Statistics:

According to the various share statistics, AGI traded on average about 3.38M shares per day over the past 3-months and 3.36M shares per day over the past 10 days. A total of 393.04M shares are outstanding, with a floating share count of 391.47M. Insiders hold about 0.30% of the company’s shares, while institutions hold 67.78% stake in the company. Shares short for AGI as of Jan 12, 2023 were 6.17M with a Short Ratio of 4.30M, compared to 5.7M on Dec 14, 2022.

Dividends & Splits

The forward annual dividend rate for AGI is 0.14, which was 0.08 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.71%, it implies a Forward Annual Dividend Yield of 0.93%. The stock’s 5-year Average Dividend Yield is 0.79.

Earnings Estimates

The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.1 and a low estimate of $0.06, while EPS last year was $0.09. The consensus estimate for the next quarter is $0.09, with high estimates of $0.09 and low estimates of $0.08.

Analysts are recommending an EPS of between $0.34 and $0.25 for the fiscal current year, implying an average EPS of $0.28. EPS for the following year is $0.37, with 9 analysts recommending between $0.46 and $0.3.

Revenue Estimates

According to 4 analysts, the current quarter’s revenue is expected to be $233.06M. It ranges from a high estimate of $235M to a low estimate of $231.4M. As of the current estimate, Alamos Gold Inc.’s year-ago sales were $203.1M, an estimated increase of 14.80% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $229.56M, an increase of 24.40% over than the figure of $14.80% in the same quarter last year. There is a high estimate of $229.56M for the next quarter, whereas the lowest estimate is $229.56M.

A total of 8 analysts have provided revenue estimates for AGI’s current fiscal year. The highest revenue estimate was $828.8M, while the lowest revenue estimate was $813M, resulting in an average revenue estimate of $821.09M. In the same quarter a year ago, actual revenue was $823.6M, down -0.30% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $895.26M in the next fiscal year. The high estimate is $964.75M and the low estimate is $836M. The average revenue growth estimate for next year is up 9.00% from the average revenue estimate for this year.