Are Analysts Too Bullish On Alamos Gold Inc. (AGI)

Alamos Gold Inc. (NYSE:AGI) currently has a daily average trading volume of 2.26M but it saw 1884717 shares traded in last market. With a market cap of 8.27B USD, the company’s current market price of $19.71 came falling about -2.14 while comparing to the previous closing price of $20.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.42 and as low as $10.78. In the recent trading on the day, stock has struck highest price mark of $19.58 while lowest mark touched by it was $19.98.

Taking a look at 20-day trading activity of Alamos Gold Inc. (AGI) gives us an average price of $20.00, while its current price level is -7.98% below from 52-week high level whereas it is 82.84% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $18.93 while that of 200 days or SMA-200 reads an average of $15.58. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.14% during that period while stretching the period over a month that increases to 2.55%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.35 which implies that the stock is in neutral territory.

Over the week, AGI’s stock price is moving -3.57% down while it is 7.82% when we observe its performance for the past one month. Year-to-date it is 46.33% up and over the past year, the stock is showing an upside performance of 77.25%.

Currently, Alamos Gold Inc.’s total number of outstanding shares is 419.72M. Company’s return on investment (ROI) stands at 6.49% and return on equity (ROE) at 6.72%. It has a price to earnings ratio (P/E ratio) of 39.60 while having a 18.74 of forward P/E ratio. Stock’s beta reads 1.20. Stock has a price to book (P/B) ratio of 2.57 while price to sale or P/S ratio amounts to 7.38. Its return on asset (ROA) is 4.96% on average.