Closing Bell Recap: Alamos Gold Inc. (AGI) Ends at 14.94, Reflecting a 0.40 Upturn

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

Alamos Gold Inc. (NYSE: AGI) closed the day trading at $14.94 up 0.40% from the previous closing price of $14.88. In other words, the price has increased by $0.40 from its previous closing price. On the day, 2.04 million shares were traded. AGI stock price reached its highest trading level at $15.26 during the session, while it also had its lowest trading level at $14.81.

Ratios:

For a better understanding of AGI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 2.36. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

On February 29, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $14.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AGI now has a Market Capitalization of 5943325696 and an Enterprise Value of 5691056128. As of this moment, Alamos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.30, and their Forward P/E ratio for the next fiscal year is 20.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.80 while its Price-to-Book (P/B) ratio in mrq is 2.03. Its current Enterprise Value per Revenue stands at 5.561 whereas that against EBITDA is 11.196.

Stock Price History:

Over the past 52 weeks, AGI has reached a high of $16.01, while it has fallen to a 52-week low of $10.78. The 50-Day Moving Average of the stock is 12.81%, while the 200-Day Moving Average is calculated to be 17.45%.

Shares Statistics:

Over the past 3-months, AGI traded about 2.62M shares per day on average, while over the past 10 days, AGI traded about 3058220 shares per day. A total of 396.96M shares are outstanding, with a floating share count of 395.59M. Insiders hold about 0.35% of the company’s shares, while institutions hold 59.53% stake in the company. Shares short for AGI as of 1711584000 were 3256196 with a Short Ratio of 1.24, compared to 1709164800 on 2194523.

Dividends & Splits

AGI’s forward annual dividend rate is 0.10, up from 0.1 a year ago. The stock’s 5-year Average Dividend Yield is 0.88.

Earnings Estimates

At present, C3.ai, Inc. analysts are actively evaluating the performance of Alamos Gold Inc. (AGI) in the stock market.The consensus estimate for the next quarter is $6.84, with high estimates of $189.43 and low estimates of $134.55.

Analysts are recommending an EPS of between $Technology and $Healthcare for the fiscal current year, implying an average EPS of $Basic Materials.

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