National Bank Financial Estimates Alamos Gold Q4 Earnings

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Research analysts at National Bank Financial issued their Q4 2024 EPS estimates for Alamos Gold in a report released on Monday, February 10th. National Bank Financial analyst M. Parkin expects that the company will post earnings of $0.33 per share for the quarter. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share. National Bank Financial also issued estimates for Alamos Gold’s FY2025 earnings at $1.73 EPS.

Several other analysts have also commented on AGI. CIBC lifted their price objective on shares of Alamos Gold from C$38.00 to C$40.00 in a research 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 price target on the stock in a research report on Tuesday, December 3rd. Six research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$28.78.

Alamos Gold Stock Performance

Shares of AGI stock opened at C$32.64 on Wednesday. The firm has a market cap of C$13.70 billion, a price-to-earnings ratio of 48.00, a P/E/G ratio of -2.10 and a beta of 1.10. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.06 and a current ratio of 3.04. Alamos Gold has a 52 week low of C$15.27 and a 52 week high of C$33.03. The firm’s 50-day simple moving average is C$28.38 and its two-hundred day simple moving average is C$26.98.

Insider Buying and Selling

In other news, Director David Alexander Fleck bought 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The shares were acquired at an average price 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.