FY2025 EPS Estimates for Alamos Gold Increased by Scotiabank

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Investment analysts at Scotiabank lifted their FY2025 EPS estimates for shares of Alamos Gold in a note issued to investors 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 prior estimate of $1.32. 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 earnings results on Wednesday, November 6th. The company reported C$0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.30 by C($0.04). Alamos Gold had a return on equity of 6.72% and a net margin of 17.72%. The company had revenue of C$492.35 million for the quarter.

A number of other equities research analysts also recently weighed in on AGI. BMO Capital Markets raised their target price on Alamos Gold from C$27.00 to C$31.00 and gave the company an “outperform” rating in a report on Monday, September 16th. CIBC increased their target price on shares of Alamos Gold from C$38.00 to C$40.00 in a report on Monday, December 2nd. National Bank Financial raised shares of Alamos Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, December 2nd. Finally, National Bankshares raised Alamos Gold from a “sector perform” rating to an “outperform” rating and set a C$35.00 target price for the company in a report on Tuesday, December 3rd. One research analyst has rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$26.50.

Alamos Gold Stock Performance

Shares of Alamos Gold stock opened at C$28.11 on Friday. The company has a 50 day moving average of C$26.69 and a 200-day moving average of C$25.69. The company has a market cap of C$11.80 billion, a PE ratio of 41.34, a price-to-earnings-growth ratio of -2.10 and a beta of 1.10. The company has a current ratio of 3.04, a quick ratio of 1.06 and a debt-to-equity ratio of 0.04. Alamos Gold has a 1-year low of C$15.27 and a 1-year high of C$29.66.

Insider Buying and Selling

In related news, Director David Alexander Fleck purchased 2,000 shares of Alamos Gold stock in a transaction dated Wednesday, December 18th. The stock was bought at an average cost of C$26.85 per share, for a total transaction of C$53,700.00. 0.27% of the stock is currently owned by company 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.