Alamos Gold (AGI) Stock Price, News & Analysis

Company Overview

Alamos Gold Inc. engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold 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. The company also holds interest in the Quartz Mountain project located in the Oregon United states. Alamos Gold Inc. was founded in 2003 and is based in Toronto, Canada.

Key Stats

• Today's Range: $18.77 to $19.01
• 50-Day Range: $17.54 to $21.38
• 52-Week Range: $11.24 to $21.45
• Volume: 2.05 million shs
• Average Volume: 2.37 million shs
• Market Capitalization: $7.93 billion
• P/E Ratio: 31.46
• Dividend Yield: 0.53%
• Price Target: $25.06
• Consensus Rating: Moderate Buy

Alamos Gold Stock Analysis - MarketRank™

Alamos Gold scored higher than 95% of companies evaluated by MarketBeat, and ranked 18th out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Alamos Gold has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Alamos Gold has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 42.11%

Earnings Growth

Earnings for Alamos Gold are expected to grow by 42.11% in the coming year, from $0.76 to $1.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Alamos Gold is 31.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Alamos Gold is 31.46, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 113.41.

Price to Earnings Growth Ratio

Alamos Gold has a PEG Ratio of 0.85. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Alamos Gold has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.80% of the float of Alamos Gold has been sold short.

Short Interest Ratio / Days to Cover

Alamos Gold has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Alamos Gold has recently increased by 7.74%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Alamos Gold has a dividend yield of 0.55%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Alamos Gold does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Alamos Gold is 16.67%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Alamos Gold will have a dividend payout ratio of 9.26% next year. This indicates that Alamos Gold will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.80% of the float of Alamos Gold has been sold short.

Short Interest Ratio / Days to Cover

Alamos Gold has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Alamos Gold has recently increased by 7.74%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.81

News Sentiment

Alamos Gold has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Alamos Gold this week, compared to 5 articles on an average week.

Search Interest

16 people have searched for AGI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

22 people have added Alamos Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 214% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Alamos Gold insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.46% of the stock of Alamos Gold is held by insiders.

Percentage Held by Institutions

64.33% of the stock of Alamos Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AGI Stock Analysis - Frequently Asked Questions

How have AGI shares performed this year?

Alamos Gold's stock was trading at $13.47 at the beginning of 2024. Since then, AGI stock has increased by 40.1% and is now trading at $18.8750.
View the best growth stocks for 2024 here.

How were Alamos Gold's earnings last quarter?

Alamos Gold Inc. (NYSE:AGI) released its quarterly earnings results on Wednesday, November, 6th. The basic materials company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by $0.03. The basic materials company earned $360.90 million during the quarter. Alamos Gold had a trailing twelve-month return on equity of 8.85% and a net margin of 19.89%.

Who are Alamos Gold's major shareholders?

Top institutional investors of Alamos Gold include Van ECK Associates Corp (11.43%), FMR LLC (1.52%), Connor Clark & Lunn Investment Management Ltd. (1.32%) and CIBC Asset Management Inc (1.16%).

How do I buy shares of Alamos Gold?

Shares of AGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Alamos Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Alamos Gold investors own include NVIDIA (NVDA), Broadcom (AVGO), Hawkins (HWKN), Meta Platforms (META), Plug Power (PLUG), Ovid Therapeutics (OVID) and e.l.f. Beauty (ELF).

Company Calendar

• Ex-Dividend for 9/26 Dividend: 9/12/2024
• Dividend Payable: 9/26/2024
• Last Earnings: 11/06/2024
• Today: 11/22/2024
• Ex-Dividend for 12/19 Dividend: 12/05/2024
• Dividend Payable: 12/19/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSE:AGI
• CUSIP: N/A
• CIK: 1178819
• Web: www.alamosgold.com
• Phone: (416) 368-9932
• Fax: 416-368-2934
• Employees: 1,867
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $25.06
• High Stock Price Target: $28.00
• Low Stock Price Target: $22.00
• Potential Upside/Downside: +32.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.60
• Trailing P/E Ratio: 31.46
• Forward P/E Ratio: 24.84
• P/E Growth: 0.85
• Net Income: $210 million
• Net Margins: 19.89%
• Pretax Margin: 32.32%
• Return on Equity: 8.85%
• Return on Assets: 6.31%

Debt

• Debt-to-Equity Ratio: 0.08
• Current Ratio: 1.62
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $1.23 billion
• Price / Sales: 6.47
• Cash Flow: $1.01 per share
• Price / Cash Flow: 18.71
• Book Value: $8.35 per share
• Price / Book: 2.26

Miscellaneous

• Outstanding Shares: 420,148,000
• Free Float: 418,215,000
• Market Cap: $7.93 billion
• Optionable: Optionable
• Beta: 1.19