FY2025 Earnings Estimate for Alamos Gold Inc. (TSE:AGI) Issued By National Bank Financial

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Equities researchers at National Bank Financial lifted their FY2025 earnings per share estimates for shares of Alamos Gold in a research note issued to investors on Thursday, April 25th. National Bank Financial analyst M. Parkin now anticipates that the company will post earnings per share of $1.04 for the year, up from their previous estimate of $0.94. National Bank Financial currently has a “Outperform Overweight” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $0.78 per share.

Alamos Gold (TSE:AGI) (NYSE:AGI) last released its quarterly earnings data on Wednesday, April 24th. The company reported C$0.18 earnings per share for the quarter, meeting the consensus estimate of C$0.18. The business had revenue of C$374.24 million for the quarter. Alamos Gold had a return on equity of 7.44% and a net margin of 20.52%.

A number of other analysts have also recently weighed in on AGI. Jefferies Financial Group set a C$14.00 price target on shares of Alamos Gold and gave the stock a “buy” rating in a research report on Thursday, February 29th. Desjardins decreased their target price on Alamos Gold from C$19.50 to C$18.75 and set a “hold” rating for the company in a research report on Friday, January 12th. Bank of America upgraded Alamos Gold from a “neutral” rating to a “buy” rating and raised their target price for the company from C$21.75 to C$27.75 in a report on Tuesday, April 9th. Royal Bank of Canada upgraded Alamos Gold from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from C$12.00 to C$16.00 in a report on Thursday, January 11th. Finally, TD Securities increased their price objective on shares of Alamos Gold from C$23.00 to C$24.00 and gave the company a “buy” rating in a research report on Thursday, March 28th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$22.55.

Alamos Gold Price Performance

AGI opened at C$21.12 on Monday. Alamos Gold has a 52-week low of C$14.80 and a 52-week high of C$22.00. The company has a 50 day moving average of C$18.85 and a two-hundred day moving average of C$18.02. The company has a market cap of C$8.38 billion, a P/E ratio of 29.33, a P/E/G ratio of -2.10 and a beta of 0.97. The company has a quick ratio of 1.06, a current ratio of 2.36 and a debt-to-equity ratio of 0.04.

Alamos Gold Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were issued a $0.034 dividend. The ex-dividend date was Wednesday, March 13th. This represents a $0.14 annualized dividend and a yield of 0.64%. Alamos Gold’s dividend payout ratio is presently 19.44%.

Insider Buying and Selling at Alamos Gold

In other news, Senior Officer Mario Luis Chavez – Martinez sold 30,000 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of C$18.66, for a total value of C$559,737.00. 0.29% of the stock is currently owned by insiders.

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.