AGI Stock Summary and Trading Ideas (Alamos Gold Class A Common Shares | NYSE:AGI)

Alamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating mines in North America: Young-Davidson and Island Gold mines operate in Canada and the Mulatos and in Sonora, Mexico. The company generates maximum revenue from Young Davidson mines.

Alamos Gold Class A Common Shares trades on the NYSE stock market under the symbol AGI.

As of March 23, 2023, AGI stock price climbed to $11.59 with 4,938,885 million shares trading.

AGI has a beta of 0.76, meaning it tends to be less sensitive to market movements. AGI has a correlation of 0.20 to the broad based SPY ETF.

AGI has a market cap of $4.57 billion. This is considered a Mid Cap stock.

Last quarter Alamos Gold Class A Common Shares reported $232 million in Revenue and $.09 earnings per share. This fell short of revenue expectation by $-1 million and exceeded earnings estimates by $.01.

In the last 3 years, AGI stock traded as high as $11.79 and as low as $4.33.

The top ETF exchange traded funds that AGI belongs to (by Net Assets): GDX, GDXJ, DISV, DFAI, DFIC.

AGI has outperformed the market in the last year with a price return of +41.5% while the SPY ETF lost -11.1%. AGI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +16.0% and +17.1%, respectively, while the SPY returned +3.7% and -1.1%, respectively.

AGI support price is $10.93 and resistance is $11.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGI stock will trade within this expected range on the day.