Alamos Gold (AGI) Expected to Announce Earnings on Wednesday

Alamos Gold (NYSE:AGI) (TSE:AGI) is anticipated to release its earnings data after the market closes on Wednesday, February 19th. Analysts expect Alamos Gold to post earnings of $0.24 per share and revenue of $388.06 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Alamos Gold Stock Performance

NYSE AGI opened at $22.49 on Wednesday. Alamos Gold has a 52-week low of $11.24 and a 52-week high of $23.06. The stock has a market cap of $9.45 billion, a PE ratio of 37.48, a P/E/G ratio of 0.66 and a beta of 1.16. The firm has a 50-day moving average of $19.64 and a 200-day moving average of $19.36. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.97 and a current ratio of 1.62.

Alamos Gold Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date was Thursday, December 5th. Alamos Gold’s dividend payout ratio is presently 16.67%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on AGI. Royal Bank of Canada increased their target price on Alamos Gold from $25.00 to $27.00 and gave the stock an “outperform” rating in a research note on Tuesday. National Bank Financial upgraded shares of Alamos Gold from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, December 3rd. Finally, StockNews.com cut shares of Alamos Gold from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 22nd. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $26.06.

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.