Alamos Gold Inc. (NYSE:AGI) has a beta value of 1.08 and has seen 0.84 million shares traded in the recent trading session. The company, currently valued at $4.22B, closed the recent trade at $7.57 per share which meant it gained $0.07 on the day or 1.00% during that session. The AGI stock price is -21.8% off its 52-week high price of $9.22 and 16.12% above the 52-week low of $6.35. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.21 million shares traded. The 3-month trading volume is 4.27 million shares.

Alamos Gold Inc. (NYSE:AGI) trade information

Sporting 1.00% in the green today, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 10/11/22 when the AGI stock price touched $7.57 or saw a rise of 6.77%. Year-to-date, Alamos Gold Inc. shares have moved -2.47%, while the 5-day performance has seen it change -6.48%. Over the past 30 days, the shares of Alamos Gold Inc. (NYSE:AGI) have changed -1.96%. Short interest in the company has seen 10.5 million shares shorted with days to cover at 3.46.

Alamos Gold Inc. (AGI) estimates and forecasts

Figures show that Alamos Gold Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -14.29% over the past 6 months, with this year growth rate of -26.83%, compared to 2.20% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2022 fiscal year revenue. Growth estimates for the current quarter are -20.00% and 11.10% for the next quarter. Revenue growth from the last financial year stood is estimated to be 1.30%.

3 analysts offering their estimates for the company have set an average revenue estimate of $225.1 million for the current quarter. 2 have an estimated revenue figure of $229.15 million for the next quarter concluding in Dec 2022. Year-ago sales stood $198 million and $203.1 million respectively for this quarter and the next, and analysts expect sales will grow by 13.70% for the current quarter and 12.80% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -20.30% over the past 5 years. Earnings growth for 2022 is a modest -146.50% while over the next 5 years, the company’s earnings are expected to decrease by -10.71%.

AGI Dividends

Alamos Gold Inc. is expected to release its next earnings report between October 25 and October 31 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.13 at a share yield of 1.76%. The company’s dividend yield has gone up over the past 12 months.

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

Insiders own 0.30% of the company shares, while shares held by institutions stand at 65.08% with a share float percentage of 65.27%. Investors are also buoyed by the number of investors in a company, with Alamos Gold Inc. having a total of 361 institutions that hold shares in the company. The top two institutional holders are Van Eck Associates Corporation with over 41.69 million shares worth more than $315.36 million. As of Jun 29, 2022, Van Eck Associates Corporation held 10.63% of shares outstanding.

The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 13.06 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $98.77 million and represent 3.33% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. As of Aug 30, 2022, the former fund manager holds about 5.42% shares in the company for having 21.25 million shares of worth $160.75 million while later fund manager owns 15.15 million shares of worth $114.6 million as of Aug 30, 2022, which makes it owner of about 3.86% of company’s outstanding stock.

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