Scotiabank Issues Negative Outlook for Alamos Gold Earnings

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for shares of Alamos Gold in a research note issued to investors on Thursday, February 26th. Scotiabank analyst O. Habib now expects that the company will earn $3.61 per share for the year, down from their previous forecast of $3.68. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share.

Alamos Gold (TSE:AGI) (NYSE:AGI) last released its quarterly earnings data on Wednesday, February 18th. The company reported C$0.74 earnings per share (EPS) for the quarter. The firm had revenue of C$765.13 million for the quarter. Alamos Gold had a net margin of 19.89% and a return on equity of 7.84%.

A number of other brokerages have also weighed in on AGI. Haywood Securities cut their price objective on Alamos Gold from C$77.50 to C$71.50 in a research report on Friday, February 6th. Stifel Nicolaus raised their price target on Alamos Gold from C$65.00 to C$80.00 in a report on Tuesday, February 10th. Bank of America upped their price objective on Alamos Gold from C$67.00 to C$78.50 in a report on Thursday. National Bank Financial increased their target price on Alamos Gold from C$68.00 to C$75.00 and gave the company an “outperform” rating in a research report on Wednesday, January 14th. Finally, Desjardins boosted their price target on shares of Alamos Gold from C$70.00 to C$80.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$70.67.

Alamos Gold Stock Performance

Shares of TSE AGI opened at C$73.93 on Monday. The company has a market cap of C$31.04 billion, a P/E ratio of 35.20, a P/E/G ratio of -2.10 and a beta of 0.85. Alamos Gold has a 52-week low of C$31.83 and a 52-week high of C$74.13. The company has a debt-to-equity ratio of 8.48, a quick ratio of 1.06 and a current ratio of 1.62. The firm’s fifty day moving average is C$58.20 and its two-hundred day moving average is C$50.30.

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.