Alamos Gold Inc. (NYSE:AGI)’s traded shares stood at 3.85 million during the last session, with the company’s beta value hitting 1.08. At the close of trading, the stock’s price was $10.65, to imply a decrease of -1.66% or -$0.18 in intraday trading. The AGI share’s 52-week high remains $11.61, putting it -9.01% down since that peak but still an impressive 40.38% since price per share fell to its 52-week low of $6.35. The company has a valuation of $5.65B, with an average of 3.23 million shares in intraday trading volume over the past 10 days and average of 3.74 million shares over the past 3 months.

Analysts have given a consensus recommendation of an Overweight for Alamos Gold Inc. (AGI), translating to a mean rating of 2.40. Of 11 analyst(s) looking at the stock, 0 analyst(s) give AGI a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.09.

Alamos Gold Inc. (NYSE:AGI) trade information

After registering a -1.66% downside in the last session, Alamos Gold Inc. (AGI) has traded red over the past five days. The stock hit a weekly high of 11.32 this Friday, 02/03/23, dropping -1.66% in its intraday price action. The 5-day price performance for the stock is -5.84%, and -1.84% over 30 days. With these gigs, the year-to-date price performance is 5.34%. Short interest in Alamos Gold Inc. (NYSE:AGI) saw shorts transact 10.93 million shares and set a 2.82 days time to cover.

Analysts on Wall Street suggest a consensus price target of $11.99, implying an increase of 11.18% to the stock’s current value. The extremes give us $10.00 and $14.26 for target low and target high price respectively. As such, AGI has been trading -33.9% off suggested target high and 6.1% from its likely low.

Alamos Gold Inc. (AGI) estimates and forecasts

Looking at statistics comparing Alamos Gold Inc. share performance against respective industry, we note that the company has underperformed competitors. Alamos Gold Inc. (AGI) shares are 34.98% up over the last 6 months, with its year-to-date growth rate lower than industry average at -31.71% against -0.20%. The rating firms project that company’s revenue will shrink -0.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 3 analysts is $228.11 million.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -20.30% for the past 5-year period. While 2023 is set for a -146.50% return in earnings, projections for the next 5 years are at -13.89% annually.

AGI Dividends

Alamos Gold Inc. has its next earnings report out between February 21 and February 27. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Alamos Gold Inc. has a forward dividend ratio of 0.14, with the share yield ticking at 1.28% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Alamos Gold Inc. (NYSE:AGI)’s Major holders

Alamos Gold Inc. insiders hold 0.30% of total outstanding shares, with institutional holders owning 65.29% of the shares at 65.49% float percentage. In total, 65.29% institutions holds shares in the company, led by Van Eck Associates Corporation. As of Jun 29, 2022, the company held over 41.69 million shares (or 10.62% of shares), all amounting to roughly $292.64 million.

The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 13.06 million shares, or about 3.33% of shares outstanding. As of the market price on Jun 29, 2022, these shares were worth $91.65 million.

We also have VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF as the top two Mutual Funds with the largest holdings of the Alamos Gold Inc. (AGI) shares. Going by data provided on Sep 29, 2022, VanEck ETF Trust-VanEck Gold Miners ETF holds roughly 20.1 million shares. This is just over 5.12% of the total shares, with a market valuation of $148.95 million. Data from the same date shows that the other fund manager holds a little less at 15.1 million, or 3.85% of the shares, all valued at about 111.89 million.

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