Market cap of Alamos Gold Inc. [AGI] reaches 7.71B – now what?

Alamos Gold Inc. [NYSE: AGI] price surged by 0.49 percent to reach at $0.09.

The one-year AGI stock forecast points to a potential upside of 15.38. The average equity rating for AGI stock is currently 1.17, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Alamos Gold Inc. [AGI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AGI shares is $21.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AGI stock is a recommendation set at 1.17. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Alamos Gold Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 09, 2024. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on February 29, 2024, representing the official price target for Alamos Gold Inc. stock.

The Average True Range (ATR) for Alamos Gold Inc. is set at 0.54, with the Price to Sales ratio for AGI stock in the period of the last 12 months amounting to 6.88. The Price to Book ratio for the last quarter was 2.40, with the Price to Cash per share for the same quarter was set at 0.90. Price to Free Cash Flow for AGI in the course of the last twelve months was 42.88 with Quick ratio for the last quarter at 1.97.

AGI Stock Performance Analysis:

Alamos Gold Inc. [AGI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.87. With this latest performance, AGI shares gained by 6.68% in over the last four-week period, additionally plugging by 38.54% over the last 6 months – not to mention a rise of 53.72% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AGI stock in for the last two-week period is set at 48.67, with the RSI for the last a single of trading hit 40.99, and the three-weeks RSI is set at 52.44 for Alamos Gold Inc. [AGI]. The present Moving Average for the last 50 days of trading for this stock 17.63, while it was recorded at 18.71 for the last single week of trading, and 14.97 for the last 200 days.

Insight into Alamos Gold Inc. Fundamentals:

Alamos Gold Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.97 and a Current Ratio set at 3.04.

AGI Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AGI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Alamos Gold Inc. go to -13.89%.

Alamos Gold Inc. [AGI] Institutonal Ownership Details

There are presently around $69.80%, or 69.99%% of AGI stock, in the hands of institutional investors. The top three institutional holders of AGI stocks are: VAN ECK ASSOCIATES CORP with ownership of 45.79 million shares, which is approximately 11.5388%. VANGUARD GROUP INC, holding 14.92 million shares of the stock with an approximate value of $$233.93 million in AGI stocks shares; and VANGUARD GROUP INC, currently with $$184.35 million in AGI stock with ownership which is approximately 2.9628%.