Alamos Gold Inc. (TSE:AGI - Free Report) NYSE: AGI - Analysts at National Bank Financial dropped their FY2024 earnings per share (EPS) estimates for shares of Alamos Gold in a research note issued to investors on Tuesday, January 14th. National Bank Financial analyst M. Parkin now expects that the company will post earnings per share of $1.12 for the year, down from their prior forecast of $1.15. 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.
AGI has been the subject of a number of other reports. CIBC lifted their target price on Alamos Gold from C$38.00 to C$40.00 in a report on Monday, December 2nd. National Bankshares upgraded Alamos Gold from a "sector perform" rating to an "outperform" rating and set a C$35.00 price objective for the company in a research note 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. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of C$28.78.
Check Out Our Latest Report on Alamos Gold
Alamos Gold Stock Up 0.8 %
AGI stock traded up C$0.21 during midday trading on Thursday, hitting C$27.99. The company's stock had a trading volume of 965,721 shares, compared to its average volume of 614,749. The firm has a 50-day simple moving average of C$26.71 and a 200-day simple moving average of C$25.93. The firm has a market capitalization of C$11.75 billion, a P/E ratio of 41.16, a PEG ratio of -2.10 and a beta of 1.10. The company has a quick ratio of 1.06, a current ratio of 3.04 and a debt-to-equity ratio of 0.04. Alamos Gold has a 52-week low of C$15.27 and a 52-week high of C$29.66.
Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.26 EPS for the quarter, missing the consensus estimate of C$0.30 by C($0.04). Alamos Gold had a net margin of 17.72% and a return on equity of 6.72%. The business had revenue of C$492.35 million during the quarter.
Insider Buying and Selling at Alamos Gold
In related news, Director David Alexander Fleck acquired 2,000 shares of Alamos Gold stock in a transaction dated Wednesday, December 18th. The stock was acquired at an average price of C$26.85 per share, for a total transaction of C$53,700.00. 0.27% of the stock is currently owned by insiders.
About Alamos Gold
(
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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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