What Can We Learn From Alamos Gold Inc. (AGI)’s Valuation Ratios?

Alamos Gold Inc. (NYSE:AGI) finished Thursday with a subtraction of -$0.01 to close at $10.03, a downside of -0.10 percent. An average of 2,990,840 shares of common stock have been traded in the last five days. There was a fall of -$0.33 in the past week, and it reached a new high 29 times over the past 12 months. The last 20 days have seen an average of 3,284,030 shares traded, while the 50-day average volume stands at 3,436,220.

AGI stock has decreased by -11.79% in the last month. The company shares reached their 1-month lowest point of $9.89 on 02/23/23. With the stock rallying to its 52-week high on 01/25/23, shares of the company touched a low of $6.35 and a high of $11.61 in 52 weeks. It has reached a new high 7 times so far this year and lost -0.79% or -$0.08 in price. In spite of this, the price is down -13.65% from the 52-week high.

Valuation Metrics

Alamos Gold Inc. (AGI) has a trailing price-to-earnings (P/E) ratio of 112.70. The stock’s beta is 1.03. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 5.02, the price-to-book (PB) ratio at 1.09, and the price-to-cash flow ratio at 15.90.

The company has a payout ratio of 112.10%. The company’s most recent quarterly dividend payment was $0.0250 a share, without any change from last year. Its latest increase dividend $0.0050 reported on Sunday March 14 2021.

Financial Health

The quick ratio of Alamos Gold Inc. for the three months ended September 29 was 1.20, and the current ratio was 2.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending September 29. Its gross profit as reported stood at $472.1 million compared to revenue of $823.6 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Alamos Gold Inc.’s return on assets was 0.70%.

Earnings Surprise

For the three-month period that ended September 29, Alamos Gold Inc. had $1.83 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $8.1 million in the quarter, while revenues of $14.6 million were grew 100.0%. The analyst consensus anticipated Alamos Gold Inc.’s latest quarter earnings to come in at $0.07 per share, but it turned out to be $0.07, a 0.00% surprise. For the quarter, EBITDA amounted to $79.8 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Alamos Gold Inc. (AGI) price momentum. RSI 9-day as of the close on 23 February was 25.70%, suggesting the stock is oversold, with historical volatility in this time frame at 19.30%.

As of today, AGI’s price is $10.21 -3.19% or -$0.33 from its 5-day moving average. AGI is currently trading -13.46% lower than its 20-day SMA and +38.92% higher than its 100-day SMA. However, the stock’s current price level is +1.93% above the SMA50 and +30.60% above the SMA200.

The stochastic %K and %D were 9.01% and 12.70%, respectively, and the average true range (ATR) was 0.31. With the 14-day stochastic at 11.89% and the average true range at 0.32, the RSI (14) stands at 34.62%. The stock has reached -0.27 on the 9-day MACD Oscillator while the 14-day reading was at -0.39.

Analyst Ratings

Canaccord Genuity downgraded Alamos Gold Inc. (NYSE: AGI) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy.

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