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 the Mulatos mines.

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

As of April 18, 2024, AGI stock price climbed to $15.06 with 1,483,947 million shares trading.

AGI has a beta of 0.64, meaning it tends to be less sensitive to market movements. AGI has a correlation of 0.05 to the broad based SPY ETF.

AGI has a market cap of $5.99 billion. This is considered a Mid Cap stock.

Last quarter Alamos Gold Class A Common Shares reported $255 million in Revenue and $.12 earnings per share. This fell short of revenue expectation by $-7 million and exceeded earnings estimates by $.01.

In the last 3 years, AGI stock traded as high as $16.01 and as low as $6.35.

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

AGI stock has underperformed the market in the last year with a return of +15.6%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AGI shares. However, AGI has outperformed the market in the last 3 month and 2 week periods, returning +22.8% and +1.3%, while SPY returned +6.1% and -3.8%, respectively. This indicates AGI has been having a stronger performance recently.

AGI support price is $14.53 and resistance is $15.35 (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.