Alamos Gold stock: buy or sell?

AGI stock price: $6.97 2.65% At close on February 21st, 2020

Updated on:
February 21st, 2020

3

Alamos Gold shares soared 2.65% to $6.97 today. Counting Friday, it's been 4 green days in a row, soaring $0.97 or 16.06%. On Tuesday AGI climbed an outstanding 5.66%.

Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America.

Should I buy Alamos Gold stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading plan that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Alamos Gold stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Alamos Gold stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't find any rating for AGI stock for the last 30 days.

Alamos Gold stock analysis

Daily outlook

Alamos Gold soared a very good 2.65% and closed at $6.97.

Alamos Gold soared a very good 2.65% and closed at $6.97. On Jan/21 AGI price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock.

AGI stock chart (daily)

Weekly outlook

Alamos Gold shares climbed 16.17% this week, ending at $6.97.

Alamos Gold shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom last week, AGI stock climbed unceasignly breaking out above its last top at $6.51. Late January AGI price bounced up over the SMA of 40 weeks that acted as support stopping new slides.

AGI stock chart (weekly)

Alamos Gold stock price history

Alamos Gold stock went public on February 17th, 2009 with a price of $6.031. Since then, AGI stock surged a 15.60%, with an average of 1.40% per year. If you had invested $1,000 in Alamos Gold stock in 2009, it would worth $156.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Alamos Gold stock historical price chart

AGI stock reached 52-week highs on August at $7.75, and all-time highs 2010-12-07 with a price of 19.87.

Alamos Gold stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price prediction for Alamos Gold stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Alamos Gold failed experts when it reported an Earnings per Share (EPS) of $0.01 when the market consensus was $0.02.
AGI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-02-220.050.04-20.0%
2018-Q12018-05-010.030.030.0%
2018-Q22018-08-010.020.01-50.0%
2018-Q32018-11-01n/an/an/a
2018-Q42019-02-200.020.01-50.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Alamos Gold annual turnover boosted an amazing 20.08% to $651.80 M USD from $542.80 marked in 2017. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) collapsed a -16.04% to -11.14%.

AGI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$291 M-$40 M13.7%-
2014$170 M-41.55%$-2.13 M-1.3%-105.32%
2015$355 M108.96%$-508.90 M-143.3%23,836.97%
2016$482 M35.79%$-17.90 M-3.7%-96.48%
2017$543 M12.57%$27 M4.9%-248.60%
2018$652 M20.08%$-72.60 M-11.1%-372.93%

Quarterly financial results

Alamos Gold posted $163.10 million in sales for 2018-Q4, a 11.18% up compared to previous quarter. Reported quarter income marked $-71.50 million with a profit margin of -43.84%. Profit margin plunged a -48.75% compared to previous quarter when profit margin was 4.91%. When comparing turnover to same quarter last year, Alamos Gold sales marked a tiny move and stayed constant a 0.87%.
AGI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$177 M-$3.23 M1.8%-
2017-Q3$129 M-27.05%$28.80 M22.4%791.64%
2017-Q4$162 M25.54%$-4.70 M-2.9%-116.32%
2018-Q1$173 M7.05%$0.60 M0.3%-112.77%
2018-Q2$169 M-2.43%$-8.90 M-5.3%-1,583.33%
2018-Q3$147 M-13.14%$7.20 M4.9%-180.90%
2018-Q4$163 M11.18%$-71.50 M-43.8%-1,093.06%
2019-Q1$156 M-4.29%$16.80 M10.8%-123.50%

Alamos Gold ownership

When you are planning to buy shares of a stock, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Alamos Gold, 0.24% of all outstanding shares are owned by its staff.

In case of Alamos Gold stock, 76.76% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for AGI stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related companies:

AGI
Market cap$2.7 B
Total shares391.1 M
Float shares389.6 M
  - Institutional holdings (%)76.8%
  - Insider holdings (%)0.2%
Shares in short selling0.0%

Alamos Gold summary

Friday, February 21st, 2020
Open$6.89
Close$6.97
Day range$6.80 - $7.06
Previous close$6.79
Session gain2.65%
Average true range$0.23
50d mov avg$5.91
100d mov avg$5.67
200d mov avg$5.88
Daily pattern
Weekly pattern lb03c

Alamos Gold performance

To better understand Alamos Gold performance you must becnhmark its gains with other related stocks in same sector or industry. We picked as the bechmarking frame for Alamos Gold stock.
Stock3m6m12m
AGIAlamos Gold29.31%-4.39%42.54%

Alamos Gold competitors

Unfortunately, we could not find any public company that could be defined as Alamos Gold competitor. This doesn't mean Alamos Gold does not have any competitor in the market, it's just we could not detected it.