Analysts Offer Predictions for Alamos Gold Q4 Earnings

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Equities research analysts at National Bank Financial issued their Q4 2024 earnings per share estimates for shares of Alamos Gold in a note issued to investors 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 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. National Bank Financial also issued estimates for Alamos Gold’s FY2025 earnings at $1.73 EPS.

Several other brokerages have also issued reports on AGI. National Bankshares raised Alamos Gold from a “sector perform” rating to an “outperform” rating and set a C$35.00 target price on the stock in a research report on Tuesday, December 3rd. CIBC upped their target price on Alamos Gold from C$38.00 to C$40.00 in a research report on Monday, December 2nd. Six 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, Alamos Gold has an average rating of “Buy” and a consensus target price of C$28.78.

Alamos Gold Trading Up 0.2 %

Shares of TSE:AGI opened at C$32.70 on Wednesday. The business’s 50-day moving average is C$28.38 and its 200 day moving average is C$26.98. Alamos Gold has a 1 year low of C$15.28 and a 1 year high of C$33.03. The firm has a market capitalization of C$9.67 billion, a P/E ratio of 38.93, a P/E/G ratio of -2.10 and a beta of 1.10. The company has a debt-to-equity ratio of 8.48, a current ratio of 1.62 and a quick ratio of 1.06.

Insider Buying and Selling at Alamos Gold

In related news, Director David Alexander Fleck bought 2,000 shares of the stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average price of C$26.85 per share, for a total transaction of C$53,700.00. Company insiders own 0.27% of the company’s stock.

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.