FY2016 EPS Estimates for Alamos Gold Inc Decreased by National Bank Financial (AGI)
Alamos Gold Inc (TSE:AGI) – Equities research analysts at National Bank Financial dropped their FY2016 earnings per share estimates for shares of Alamos Gold in a research note issued on Wednesday. National Bank Financial analyst A. Melnyk now anticipates that the brokerage will earn ($0.03) per share for the year, down from their previous forecast of $0.03. National Bank Financial currently has a “Outperform” rating on the stock. National Bank Financial also issued estimates for Alamos Gold’s FY2017 earnings at $0.24 EPS.
AGI has been the topic of a number of other research reports. CIBC increased their price objective on Alamos Gold from C$12.50 to C$13.50 in a report on Tuesday, September 13th. Mackie increased their price objective on Alamos Gold from C$11.25 to C$11.50 and gave the stock a “hold” rating in a report on Wednesday, September 21st. Canaccord Genuity dropped their price objective on Alamos Gold from C$14.00 to C$12.50 and set a “hold” rating on the stock in a report on Thursday, August 11th. Desjardins restated a “buy” rating on shares of Alamos Gold in a report on Thursday, August 11th. Finally, TD Securities increased their price objective on Alamos Gold from C$10.00 to C$11.50 and gave the stock a “hold” rating in a report on Thursday, August 11th. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Alamos Gold presently has an average rating of “Buy” and a consensus price target of C$9.54.
Shares of Alamos Gold (TSE:AGI) opened at 9.80 on Monday. The firm’s market capitalization is $2.62 billion. The company has a 50-day moving average of $10.38 and a 200 day moving average of $9.98. Alamos Gold has a 12-month low of $3.27 and a 12-month high of $13.65.
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The business also recently disclosed a dividend, which will be paid on Monday, October 31st. Stockholders of record on Monday, October 31st will be paid a $0.01 dividend. The ex-dividend date of this dividend is Wednesday, October 12th. This represents a dividend yield of 0.09%.
Alamos Gold Company Profile
Alamos Gold Inc is a Canada-based mid-tier gold producer. The Company is engaged in the acquisition, exploration, development and extraction of precious metals. It is engaged in the exploration and development activities in Mexico, Turkey and the United States. It owns and operates the Mulatos mine in Mexico and holds the mineral rights to the Salamandra group of concessions in the State of Sonora, Mexico, which includes several satellite gold occurrences.
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