Alamos Gold Stock Earnings Estimates Raised by Scotiabank

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Analysts at Scotiabank upped their FY2027 EPS estimates for shares of Alamos Gold in a report released on Friday, September 25th. Scotiabank analyst O. Habib now expects that the company will earn $3.86 per share for the year, up from their previous estimate of $3.84. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share.

Several other equities research analysts have also issued reports on the company. National Bank Financial raised their price objective on Alamos Gold from C$76.00 to C$81.00 and gave the company an “outperform” rating in a research note on Monday, September 21st. Canadian Imperial Bank of Commerce cut their target price on Alamos Gold from C$82.00 to C$75.00 in a research report on Thursday, July 30th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Alamos Gold presently has a consensus rating of “Buy” and a consensus target price of C$76.67.

Alamos Gold Trading Up 1.1%

Shares of TSE AGI opened at C$46.91 on Tuesday. The business’s 50 day moving average is C$47.41 and its two-hundred day moving average is C$51.76. The company has a debt-to-equity ratio of 4.50, a current ratio of 1.78 and a quick ratio of 1.05. Alamos Gold has a 1-year low of C$38.03 and a 1-year high of C$75.78. The stock has a market capitalization of C$19.64 billion, a P/E ratio of 16.81, a PEG ratio of -2.10 and a beta of 2.13.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its quarterly earnings results on Wednesday, July 29th. The company reported C$0.84 EPS for the quarter. The firm had revenue of C$844.09 million during the quarter. Alamos Gold had a net margin of 52.85% and a return on equity of 26.10%.

Alamos Gold Company Profile

Alamos is a Canadian-based intermediate gold producer with diversified production from three operations in North America. This includes the Island Gold District and Young-Davidson mine in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the Company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 2,400 people and is committed to the highest standards of sustainable development.