Scotiabank Estimates Alamos Gold’s FY2025 Earnings (TSE:AGI)

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Stock analysts at Scotiabank lifted their FY2025 EPS estimates for Alamos Gold in a note issued to investors on Wednesday, January 8th. Scotiabank analyst O. Habib now forecasts 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.

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

Alamos Gold Price Performance

Shares of TSE AGI 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 quick ratio of 1.06, a current ratio of 3.04 and a debt-to-equity ratio of 0.04. Alamos Gold has a twelve month low of C$15.27 and a twelve month high of C$29.66. The firm has a market cap of C$11.80 billion, a P/E ratio of 41.34, a PEG ratio of -2.10 and a beta of 1.10.

Alamos Gold (TSE:AGI) (NYSE:AGI) last posted its quarterly 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). The company had revenue of C$492.35 million during the quarter. Alamos Gold had a return on equity of 6.72% and a net margin of 17.72%.

Insider Buying and Selling

In other Alamos Gold news, Director David Alexander Fleck purchased 2,000 shares of the firm’s stock in a transaction on Wednesday, December 18th. The shares were acquired at an average cost of C$26.85 per share, with a total value of C$53,700.00. 0.27% of the stock is currently owned by insiders.

Alamos Gold Company Profile

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.