FY2025 EPS Estimates for Alamos Gold Increased by Scotiabank

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Analysts at Scotiabank raised their FY2025 earnings per share estimates for shares of Alamos Gold in a research note issued on Wednesday, January 8th. Scotiabank analyst O. Habib now anticipates that the company will earn $1.69 per share for the year, up from their previous estimate of $1.32. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share.

Other analysts also recently issued research reports about the company. BMO Capital Markets upped their price target on Alamos Gold from C$27.00 to C$31.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. National Bank Financial raised Alamos Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. CIBC lifted their price target on Alamos Gold from C$38.00 to C$40.00 in a research report on Monday, December 2nd. Finally, National Bankshares raised shares of Alamos Gold from a “sector perform” rating to an “outperform” rating and set a C$35.00 price objective on the stock in a research report on Tuesday, December 3rd. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$26.50.

Alamos Gold Trading Up 0.1 %

TSE:AGI opened at C$28.14 on Friday. The firm has a market capitalization of C$11.81 billion, a P/E ratio of 41.38, a PEG ratio of -2.10 and a beta of 1.10. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.04 and a quick ratio of 1.06. Alamos Gold has a one year low of C$15.27 and a one year high of C$29.66. The company’s 50-day simple moving average is C$26.69 and its 200 day simple moving average is C$25.70.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its earnings results on Wednesday, November 6th. The company reported C$0.26 EPS for the quarter, missing analysts’ consensus estimates of C$0.30 by C($0.04). The business had revenue of C$492.35 million for the quarter. Alamos Gold had a net margin of 17.72% and a return on equity of 6.72%.

Insider Activity

In other news, Director David Alexander Fleck acquired 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The stock was bought at an average price of C$26.85 per share, with a total value of C$53,700.00. 0.27% of the stock is owned by corporate insiders.

About Alamos Gold

Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.