2.47% volatility in Alamos Gold Inc (AGI) last month: This is a red flag warning

On Monday, Alamos Gold Inc (NYSE: AGI) opened at On Monday, remained unchanged from the last session, before settling in for the closing price of $20.11. Price fluctuations for AGI have ranged from $11.24 to $21.45 over the past 52 weeks.

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A company in the Basic Materials sector has jumped its sales by 9.75% annually for the last half of the decade. Company’s average yearly earnings per share was noted 55.57% at the time writing. With a float of $417.89 million, this company’s outstanding shares have now reached $419.72 million.

In an organization with 57 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 38.83%, operating margin of 33.1%, and the pretax margin is 29.67%.

Alamos Gold Inc (AGI) Insider Updates

A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of Alamos Gold Inc is 0.44%, while institutional ownership is 58.46%.

Alamos Gold Inc (AGI) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.14 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.12) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 55.57% per share during the next fiscal year.

Alamos Gold Inc (NYSE: AGI) Trading Performance Indicators

Check out the current performance indicators for Alamos Gold Inc (AGI). In the past quarter, the stock posted a quick ratio of 1.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.49. Likewise, its price to free cash flow for the trailing twelve months is 65.39.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.50, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 1.19 in one year’s time.

Technical Analysis of Alamos Gold Inc (AGI)

Let’s dig in a bit further. During the last 5-days, its volume was 1.97 million. That was inferior than the volume of 2.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 9.16%. Additionally, its Average True Range was 0.56.

During the past 100 days, Alamos Gold Inc’s (AGI) raw stochastic average was set at 79.19%, which indicates a significant increase from 21.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.48% in the past 14 days, which was higher than the 30.24% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.94, while its 200-day Moving Average is $16.36. However, in the short run, Alamos Gold Inc’s stock first resistance to watch stands at $20.36. Second resistance stands at $20.60. The third major resistance level sits at $20.82. If the price goes on to break the first support level at $19.90, it is likely to go to the next support level at $19.68. Assuming the price breaks the second support level, the third support level stands at $19.44.

Alamos Gold Inc (NYSE: AGI) Key Stats

There are currently 420,053K shares outstanding in the company with a market cap of 11.76 billion. Presently, the company’s annual sales total 1,023 M according to its annual income of 210,000 K. Last quarter, the company’s sales amounted to 332,600 K and its income totaled 70,100 K.