Taking this into account, National Bank Financial upgraded its Alamos Gold Inc [AGI] rating to an Outperform from a a Sector perform in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “a Buy”. Jefferies began covering AGI with “Buy” recommendation on February 29, 2024. RBC Capital Mkts revised its rating on January 11, 2024. It rated AGI as “an Outperform” which previously was an “a Sector perform”.
Price Performance Review of AGI
On Friday, Alamos Gold Inc [NYSE:AGI] saw its stock jump 1.65% to $27.05. Over the last five days, the stock has gained 9.43%. Alamos Gold Inc shares have risen nearly 46.69% since the year began. Nevertheless, the stocks have risen 76.80% over the past one year. While a 52-week high of $31.00 was reached on 04/16/25, a 52-week low of $15.01 was recorded on 01/07/25. SMA at 50 days reached $26.37, while 200 days put it at $21.31.
Levels Of Support And Resistance For AGI Stock
The 24-hour chart illustrates a support level at 26.62, which if violated will result in even more drops to 26.18. On the upside, there is a resistance level at 27.32. A further resistance level may holdings at 27.58. The Relative Strength Index (RSI) on the 14-day chart is 50.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.59%. Stochastics %K at 46.67% indicates the stock is a holding.
The most recent change occurred on October 24, 2023 when Desjardins began covering the stock and recommended ‘”a Hold”‘ rating .
