Alamos Gold (AGI) Scheduled to Post Earnings on Wednesday

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI will release its earnings data after the market closes on Wednesday, November 6th. Analysts expect Alamos Gold to post earnings of $0.22 per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last posted its earnings results on Wednesday, July 31st. The basic materials company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.05. Alamos Gold had a net margin of 17.73% and a return on equity of 8.52%. The business had revenue of $332.60 million during the quarter, compared to the consensus estimate of $282.78 million. During the same quarter in the previous year, the firm posted $0.15 EPS. The firm's revenue was up 27.4% on a year-over-year basis. 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 Price Performance

Shares of AGI opened at $21.05 on Wednesday. Alamos Gold has a one year low of $11.24 and a one year high of $21.45. The business has a fifty day moving average of $19.88 and a 200 day moving average of $17.63. The firm has a market capitalization of $8.40 billion, a P/E ratio of 40.48, a PEG ratio of 0.86 and a beta of 1.18.

Alamos Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 12th were paid a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.48%. The ex-dividend date of this dividend was Thursday, September 12th. Alamos Gold's dividend payout ratio (DPR) is presently 19.23%.

Analysts Set New Price Targets

AGI has been the subject of a number of research reports. National Bank Financial cut shares of Alamos Gold from a "strong-buy" rating to a "hold" rating in a report on Sunday, September 8th. StockNews.com lowered Alamos Gold from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, October 22nd. Scotiabank raised their target price on Alamos Gold from $20.00 to $22.00 and gave the stock a "sector outperform" rating in a report on Monday, August 19th. Jefferies Financial Group boosted their price target on Alamos Gold from $23.00 to $28.00 and gave the company a "buy" rating in a report on Friday, October 4th. Finally, Royal Bank of Canada upped their price target on Alamos Gold from $20.00 to $23.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 10th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Alamos Gold presently has an average rating of "Moderate Buy" and a consensus price target of $25.06.

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.