Alamos Gold Inc. (NYSE:AGI – Free Report) (TSE:AGI) – Investment analysts at National Bank Financial increased their FY2025 earnings estimates for shares of Alamos Gold in a research report issued on Tuesday, January 14th. National Bank Financial analyst M. Parkin now anticipates that the basic materials company will post earnings of $1.16 per share for the year, up from their prior forecast of $1.11. National Bank Financial has a “Outperform” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $0.82 per share. National Bank Financial also issued estimates for Alamos Gold’s FY2026 earnings at $1.14 EPS.
Other research analysts also recently issued reports about the stock. Jefferies Financial Group increased their price objective on shares of Alamos Gold from $23.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, October 4th. StockNews.com cut shares of Alamos Gold from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, October 22nd. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $25.06.
Alamos Gold Stock Performance
Alamos Gold stock opened at $19.54 on Friday. The company has a current ratio of 1.62, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08. The stock has a 50 day moving average of $18.79 and a 200-day moving average of $18.87. The stock has a market cap of $8.21 billion, a P/E ratio of 32.56, a price-to-earnings-growth ratio of 0.59 and a beta of 1.15. Alamos Gold has a 52 week low of $11.24 and a 52 week high of $21.45.
Alamos Gold (NYSE:AGI – Get Free Report) (TSE:AGI) last issued its quarterly earnings results on Wednesday, November 6th. The basic materials company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.03). Alamos Gold had a net margin of 19.89% and a return on equity of 8.85%. The business had revenue of $360.90 million during the quarter.
Institutional Trading of Alamos Gold
Institutional investors and hedge funds have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. boosted its position in Alamos Gold by 51.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,510 shares of the basic materials company’s stock valued at $46,000 after purchasing an additional 856 shares during the period. Hara Capital LLC acquired a new position in shares of Alamos Gold during the third quarter valued at $47,000. Daiwa Securities Group Inc. acquired a new position in shares of Alamos Gold during the second quarter valued at $48,000. Employees Retirement System of Texas bought a new position in shares of Alamos Gold during the second quarter worth about $88,000. Finally, Eastern Bank acquired a new stake in shares of Alamos Gold in the 3rd quarter worth about $111,000. 64.33% of the stock is currently owned by institutional investors and hedge funds.
Alamos Gold Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th were issued a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.51%. The ex-dividend date of this dividend was Thursday, December 5th. Alamos Gold’s dividend payout ratio (DPR) is presently 16.67%.
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.
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