Analysts Issue Forecasts for Alamos Gold Q1 Earnings

Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI - Analysts at National Bank Financial issued their Q1 2025 EPS estimates for Alamos Gold in a note issued to investors on Tuesday, April 22nd. National Bank Financial analyst D. Demarco anticipates that the basic materials company will post earnings per share of $0.22 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 $1.29 per share. National Bank Financial also issued estimates for Alamos Gold's FY2025 earnings at $1.36 EPS.

Several other equities analysts have also recently weighed in on the company. Scotiabank reaffirmed an "outperform" rating on shares of Alamos Gold in a research note on Monday, April 14th. Bank of America lowered their price objective on shares of Alamos Gold from $31.00 to $30.50 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Royal Bank of Canada increased their target price on shares of Alamos Gold from $27.00 to $30.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. Finally, StockNews.com upgraded shares of Alamos Gold from a "hold" rating to a "buy" rating in a report on Tuesday, April 15th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $30.38.

Alamos Gold Stock Down 1.1 %

Shares of AGI stock traded down $0.30 on Thursday, reaching $27.96. 2,251,473 shares of the company's stock traded hands, compared to its average volume of 2,543,944. The business's 50 day moving average price is $25.83 and its two-hundred day moving average price is $21.87. The company has a market capitalization of $11.76 billion, a P/E ratio of 40.52, a price-to-earnings-growth ratio of 0.40 and a beta of 1.02. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.96 and a current ratio of 1.51. Alamos Gold has a 12-month low of $14.64 and a 12-month high of $31.00.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last posted its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. The firm had revenue of $375.80 million for the quarter, compared to analysts' expectations of $388.06 million. Alamos Gold had a net margin of 21.11% and a return on equity of 10.05%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of AGI. Red Cedar Investment Management LLC bought a new stake in Alamos Gold in the first quarter worth $2,847,000. Sunbelt Securities Inc. bought a new stake in shares of Alamos Gold during the 1st quarter worth about $41,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Alamos Gold by 6.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,085,880 shares of the basic materials company's stock valued at $29,018,000 after acquiring an additional 68,500 shares during the last quarter. Harbour Capital Advisors LLC increased its holdings in shares of Alamos Gold by 6.1% during the 1st quarter. Harbour Capital Advisors LLC now owns 49,325 shares of the basic materials company's stock valued at $1,326,000 after acquiring an additional 2,835 shares during the last quarter. Finally, Continuum Advisory LLC raised its stake in shares of Alamos Gold by 808.9% in the 1st quarter. Continuum Advisory LLC now owns 8,235 shares of the basic materials company's stock valued at $220,000 after acquiring an additional 7,329 shares in the last quarter. Institutional investors and hedge funds own 64.33% of the company's stock.

Alamos Gold Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.36%. The ex-dividend date of this dividend was Thursday, March 13th. Alamos Gold's dividend payout ratio is 14.49%.

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.