FY2027 EPS Estimates for Alamos Gold Increased by Scotiabank

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Research analysts at Scotiabank increased their FY2027 earnings per share estimates for shares of Alamos Gold in a research note issued on Wednesday, February 11th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $4.13 for the year, up from their prior estimate of $4.11. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share.

Several other brokerages also recently commented on AGI. Stifel Nicolaus lifted their target price on shares of Alamos Gold from C$65.00 to C$80.00 in a report on Tuesday. National Bank Financial lifted their price objective on Alamos Gold from C$68.00 to C$75.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 14th. Desjardins set a C$64.00 price objective on Alamos Gold and gave the stock a “buy” rating in a research report on Friday, November 28th. Canadian Imperial Bank of Commerce raised their target price on Alamos Gold from C$74.00 to C$80.00 in a report on Wednesday, February 4th. Finally, Haywood Securities dropped their price target on Alamos Gold from C$77.50 to C$71.50 in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$65.72.

Alamos Gold Trading Up 7.2%

TSE:AGI opened at C$61.61 on Friday. The company’s 50 day moving average is C$55.33 and its 200-day moving average is C$47.96. The company has a quick ratio of 1.06, a current ratio of 1.62 and a debt-to-equity ratio of 8.48. Alamos Gold has a 12 month low of C$31.38 and a 12 month high of C$63.34. The firm has a market cap of C$25.87 billion, a price-to-earnings ratio of 48.13, a P/E/G ratio of -2.10 and a beta of 0.85.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its earnings results on Wednesday, October 29th. The company reported C$0.65 earnings per share (EPS) for the quarter. Alamos Gold had a return on equity of 7.84% and a net margin of 19.89%.The firm had revenue of C$643.72 million during the quarter.

About Alamos Gold

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.