Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI - Equities researchers at National Bank Financial upped their FY2025 earnings per share estimates for Alamos Gold in a report released on Tuesday, January 14th. National Bank Financial analyst M. Parkin now forecasts that the basic materials company will post earnings of $1.16 per share for the year, up from their previous estimate of $1.11. National Bank Financial currently has a "Outperform" rating on the stock. The consensus estimate for Alamos Gold's current full-year earnings is $0.82 per share. National Bank Financial also issued estimates for Alamos Gold's FY2026 earnings at $1.14 EPS.
Several other brokerages have also weighed in on AGI. Jefferies Financial Group upped their price objective on Alamos Gold from $23.00 to $28.00 and gave the company a "buy" rating in a report on Friday, October 4th. StockNews.com cut shares of Alamos Gold from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, October 22nd. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $25.06.
View Our Latest Report on AGI
Alamos Gold Price Performance
AGI traded up $0.10 during trading on Friday, reaching $19.56. The stock had a trading volume of 628,037 shares, compared to its average volume of 1,863,614. The stock has a 50 day moving average of $18.79 and a two-hundred day moving average of $18.85. The company has a quick ratio of 0.97, a current ratio of 1.62 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $8.22 billion, a price-to-earnings ratio of 32.59, a price-to-earnings-growth ratio of 0.59 and a beta of 1.15. Alamos Gold has a 1-year low of $11.24 and a 1-year high of $21.45.
Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last issued its quarterly earnings results on Wednesday, November 6th. The basic materials company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.03). Alamos Gold had a return on equity of 8.85% and a net margin of 19.89%. The company had revenue of $360.90 million during the quarter.
Alamos Gold Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 5th were issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date of this dividend was Thursday, December 5th. Alamos Gold's payout ratio is 16.67%.
Institutional Investors Weigh In On Alamos Gold
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Old West Investment Management LLC increased its stake in Alamos Gold by 11.0% in the 3rd quarter. Old West Investment Management LLC now owns 485,892 shares of the basic materials company's stock worth $9,689,000 after purchasing an additional 48,128 shares in the last quarter. DORCHESTER WEALTH MANAGEMENT Co acquired a new position in Alamos Gold in the 3rd quarter worth approximately $1,196,000. Mackenzie Financial Corp grew its position in Alamos Gold by 147.6% during the 2nd quarter. Mackenzie Financial Corp now owns 7,585,450 shares of the basic materials company's stock worth $119,003,000 after purchasing an additional 4,521,282 shares in the last quarter. CWA Asset Management Group LLC acquired a new stake in Alamos Gold during the 3rd quarter valued at $793,000. Finally, National Bank of Canada FI lifted its holdings in shares of Alamos Gold by 18.4% in the third quarter. National Bank of Canada FI now owns 1,529,315 shares of the basic materials company's stock valued at $30,492,000 after purchasing an additional 237,278 shares in the last quarter. 64.33% of the stock is owned by institutional investors and hedge funds.
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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