Alamos Gold (AGI) Projected to Post Earnings on Wednesday

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect Alamos Gold to post earnings of $0.26 per share and revenue of $324.98 million for the quarter.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last released its earnings results on Wednesday, February 19th. The basic materials company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.01. Alamos Gold had a net margin of 21.11% and a return on equity of 10.05%. The firm had revenue of $375.80 million for the quarter, compared to the consensus estimate of $388.06 million. On average, analysts expect Alamos Gold to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Alamos Gold Trading Down 3.1 %

NYSE:AGI opened at $28.82 on Wednesday. Alamos Gold has a one year low of $14.31 and a one year high of $31.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.51 and a quick ratio of 0.96. The firm has a market capitalization of $12.12 billion, a P/E ratio of 41.77, a PEG ratio of 0.40 and a beta of 1.02. The company's 50-day simple moving average is $25.49 and its 200 day simple moving average is $21.69.

Alamos Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $0.025 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.35%. Alamos Gold's dividend payout ratio is currently 14.49%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AGI. National Bank Financial upgraded shares of Alamos Gold to a "strong-buy" rating in a research note on Friday, March 21st. Scotiabank reaffirmed an "outperform" rating on shares of Alamos Gold in a research report on Monday, April 14th. Bank of America reduced their target price on Alamos Gold from $31.00 to $30.50 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Royal Bank of Canada upped their price target on Alamos Gold from $27.00 to $30.00 and gave the company an "outperform" rating in a report on Friday, April 4th. Finally, StockNews.com upgraded Alamos Gold from a "hold" rating to a "buy" rating in a report on Tuesday, April 15th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $30.38.

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.

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