Analysts Issue Forecasts for Alamos Gold FY2025 Earnings

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Stock analysts at National Bank Financial increased their FY2025 earnings per share estimates for shares of Alamos Gold in a report issued on Tuesday, January 14th. National Bank Financial analyst M. Parkin now anticipates that the company will post earnings per share of $1.67 for the year, up from their prior estimate of $1.54. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share.

Alamos Gold (TSE:AGI) (NYSE:AGI) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C$0.26 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter.

A number of other brokerages have also issued reports on AGI. National Bankshares upgraded Alamos Gold from a “sector perform” rating to an “outperform” rating and set a C$35.00 price target for the company in a report on Tuesday, December 3rd. CIBC upped their target price on Alamos Gold from C$38.00 to C$40.00 in a report on Monday, December 2nd. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Alamos Gold has a consensus rating of “Buy” and a consensus price target of C$28.78.

Alamos Gold Price Performance

Shares of AGI stock opened at C$28.23 on Friday. The company has a market capitalization of C$11.85 billion, a P/E ratio of 41.51, a P/E/G ratio of -2.10 and a beta of 1.10. The company’s 50-day simple moving average is C$26.73 and its two-hundred day simple moving average is C$25.95. Alamos Gold has a one year low of C$15.27 and a one year high of C$29.66. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.04 and a quick ratio of 1.06.

Insider Buying and Selling at Alamos Gold

In other news, Director David Alexander Fleck acquired 2,000 shares of the business’s stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average price of C$26.85 per share, with a total value of C$53,700.00. Insiders own 0.27% of the company’s stock.

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.