Argonaut downgraded by BMO Capital Markets to Market Perform after Alamos launches bid
Seeking Alpha News (Thu, 28-Mar 9:49 AM ET)
Argonaut downgraded by BMO to Market Perform after Alamos launches bid
Seeking Alpha News (Thu, 28-Mar 9:49 AM ET)
Alamos Gold Positioned for Growth: Strategic Acquisitions and Project Potential Underpin Buy Rating
TipRanks (Thu, 28-Mar 9:45 AM ET)
TipRanks (Thu, 28-Mar 7:10 AM ET)
Alamos Gold: Hold Rating Affirmed Amid Acquisition Synergies and Premium Valuation Concerns
TipRanks (Thu, 28-Mar 4:56 AM ET)
Alamos Gold Acquires Argonaut, Expands Canadian Operations
TipRanks (Wed, 27-Mar 11:58 AM ET)
Alamos Gold to buy Argonaut Gold, spin-off Argonaut's assets in U.S. and Mexico
Seeking Alpha News (Wed, 27-Mar 8:17 AM ET)
Alamos Gold Acquires Argonaut to Boost Gold Production
TipRanks (Wed, 27-Mar 8:08 AM ET)
Alamos Gold Announces Friendly Acquisition of Argonaut Gold
Globe Newswire (Wed, 27-Mar 7:30 AM ET)
Alamos Gold Announces Completion of Annual Filings
TipRanks (Tue, 26-Mar 3:57 PM ET)
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 March 28, 2024, AGI stock price climbed to $14.75 with 2,602,520 million shares trading.
AGI has a beta of 0.74, meaning it tends to be less sensitive to market movements. AGI has a correlation of 0.08 to the broad based SPY ETF.
AGI has a market cap of $5.85 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 $14.95 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 has underperformed the market in the last year with a return of +26.2%, while the SPY ETF gained +33.6%. In the last 3 month period, AGI fell short of the market, returning +5.6%, while SPY returned +10.1%. However, in the most recent 2 weeks AGI has outperformed the stock market by returning +6.8%, while SPY returned +1.7%.
AGI support price is $14.20 and resistance is $14.91 (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.