In yesterday’s Wall Street session, Alamos Gold Inc. (NYSE:AGI) shares traded at $13.63, up 1.26% from the previous session.
11 analysts cover Alamos Gold Inc. (NYSE:AGI), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $18.04 and a low of $12.00, we find $14.48. Given the previous closing price of $13.46, this indicates a potential upside of 7.58 percent. AGI stock price is now 10.36% away from the 50-day moving average and 12.83% away from the 200-day moving average. The market capitalization of the company currently stands at $5.40B.
The stock has received a hold rating from 4 analysts and a buy rating from 7. Brokers who have rated the stock have averaged $14.55 as their price target over the next twelve months.
A total of 0.47% of the company’s stock is owned by insiders.
On Wednesday morning Alamos Gold Inc. (NYSE: AGI) stock kicked off with the opening price of $13.64. During the past 12 months, Alamos Gold Inc. has had a low of $9.08 and a high of $14.12. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.46, and a quick ratio of 1.27. The fifty day moving average price for AGI is $12.35 and a two-hundred day moving average price translates $12.08 for the stock.
The latest earnings results from Alamos Gold Inc. (NYSE: AGI) was released for Sep, 2023. According to the Gold Company, earnings per share came in at $0.14, beating analysts’ expectations of $0.12 by 0.02. This compares to $0.00 EPS in the same period last year. The net profit margin was 20.34% and return on equity was 7.33% for AGI. The company reported revenue of $256.2 million for the quarter, compared to $213.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.94 percent. For the current quarter, analysts expect AGI to generate $237.76M in revenue.
Alamos Gold Inc.(AGI) Company Profile
Alamos Gold Inc. engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold and silver deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada. Further, it holds interest in Quartz Mountain project located in the Oregon United states. Alamos Gold Inc. is based in Toronto, Canada.
