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Wednesday, February 1, 2023

Alamos Gold Inc. (NYSE: AGI): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Alamos Gold Inc. (AGI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.05, or -0.46%, to $10.80. The Alamos Gold Inc. has recorded 830,378 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Alamos Gold Announces Sale of Non-Core Royalties.

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Stocks Info

AGI belongs to the Basic Materials sector of the NYSE while operating in the Gold industry. At the end of the last regular session, the stock closed at $10.85 and fluctuated between $10.94 as its day high and $10.44 as its day low. The current market capitalization of Alamos Gold Inc. is $5.77B. A total of 5.23 million shares were traded on the day, compared to an average of 3.64M shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, AGI has seen 45 BUY and 28 SELL insider trades, representing the acquisition of 651,706 and the disposition of 673,577 shares. Over the last 12 months, there were 280 BUYs and 51 SELLs from insiders. Insiders purchased 3,401,668 shares during that period but sold 2,020,422.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Alamos Gold Inc. pays an annual dividend of $0.14, resulting in a dividend yield of 1.25%, and it has a price to earnings (P/E) ratio of 120.56. AGI’s most recent ex-dividend date was 12/5/2022 when it declared a $0.0250 quarterly dividend that was paid in cash on 12/20/2022. Previously, the company paid the dividend on 9/29/2022 with an ex-dividend date of 9/14/2022. The AGI stock dividend was $0.0250 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AGI in the last 3 months, the mean price target is $10.50 with high estimates of $11.91 and low estimates of $9.00. In terms of 52-week highs and lows, AGI has a high of $10.56 and a low of $6.35.

As of this writing, AGI has an earnings estimate of $0.09 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.12 per share and a lower estimate of $0.06. The company reported an EPS of $0.07 in the last quarter, which was 16.70% higher than expectations of $0.06.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 12 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AGI is Hold with a score of 4.45. A total of 8 analysts rated the stock as Buy while 0 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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