Scotiabank Estimates Alamos Gold’s FY2027 Earnings (TSE:AGI)

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Analysts at Scotiabank lifted their FY2027 earnings per share (EPS) estimates for Alamos Gold in a note issued to investors on Wednesday, April 1st. Scotiabank analyst O. Habib now expects that the company will earn $3.94 per share for the year, up from their previous estimate of $3.87. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its quarterly earnings data on Thursday, February 19th. The company reported C$0.74 earnings per share (EPS) for the quarter. Alamos Gold had a net margin of 49.07% and a return on equity of 22.48%. The business had revenue of C$765.13 million for the quarter.

Several other research firms have also issued reports on AGI. Canadian Imperial Bank of Commerce raised their price target on shares of Alamos Gold from C$80.00 to C$90.00 in a research report on Thursday, February 26th. Haywood Securities reduced their target price on shares of Alamos Gold from C$77.50 to C$71.50 in a research note on Friday, February 6th. Bank of America lifted their target price on Alamos Gold from C$67.00 to C$78.50 in a research report on Thursday, February 26th. Desjardins boosted their price target on Alamos Gold from C$70.00 to C$80.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Finally, Stifel Nicolaus upped their price target on Alamos Gold from C$65.00 to C$80.00 in a report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$70.67.

Alamos Gold Price Performance

TSE:AGI opened at C$64.03 on Friday. The company has a debt-to-equity ratio of 5.27, a current ratio of 1.72 and a quick ratio of 1.06. Alamos Gold has a one year low of C$32.90 and a one year high of C$75.78. The company has a fifty day moving average price of C$61.72 and a 200 day moving average price of C$53.91. The stock has a market cap of C$26.89 billion, a P/E ratio of 30.49, a PEG ratio of -2.10 and a beta of 1.55.

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.