Alamos Gold Inc (TSE:AGI) (NYSE:AGI) – Stock analysts at Desjardins lowered their Q4 2017 earnings per share (EPS) estimates for Alamos Gold in a report released on Friday. Desjardins analyst J. Wolfson now expects that the company will earn $0.06 per share for the quarter, down from their previous estimate of $0.08. Desjardins has a “Hold” rating on the stock. Desjardins also issued estimates for Alamos Gold’s Q2 2018 earnings at $0.05 EPS, Q4 2018 earnings at $0.05 EPS, FY2018 earnings at $0.21 EPS, Q3 2019 earnings at $0.09 EPS, Q4 2019 earnings at $0.08 EPS and FY2019 earnings at $0.34 EPS.

Other equities analysts have also recently issued reports about the company. CIBC dropped their price objective on Alamos Gold from C$13.50 to C$12.00 in a report on Thursday, December 14th. BMO Capital Markets decreased their price target on Alamos Gold from C$14.00 to C$11.50 in a research note on Friday, November 24th. Raymond James Financial decreased their price target on Alamos Gold from C$12.50 to C$12.00 in a research note on Monday, October 23rd. Finally, Scotiabank decreased their price target on Alamos Gold to C$11.50 and set a “sector perform” rating on the stock in a research note on Monday, December 18th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of C$12.50.

Alamos Gold (AGI) opened at C$7.63 on Monday. The firm has a market capitalization of $2,970.00 and a price-to-earnings ratio of 254.33. Alamos Gold has a fifty-two week low of C$7.32 and a fifty-two week high of C$11.83.

In other Alamos Gold news, Director Paul Murphy purchased 5,000 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were bought at an average price of C$8.15 per share, for a total transaction of C$40,750.00. In the last quarter, insiders bought 15,000 shares of company stock worth $120,370.

TRADEMARK VIOLATION WARNING: “Q4 2017 EPS Estimates for Alamos Gold Inc Lowered by Analyst (AGI)” was first posted by American Banking News and is owned by of American Banking News. If you are reading this piece on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece can be read at https://www.americanbankingnews.com/2018/01/15/q4-2017-eps-estimates-for-alamos-gold-inc-lowered-by-analyst-agi.html.

Alamos Gold Company Profile

Alamos Gold Inc is a Canada-based company, which is engaged in the acquisition, exploration, development and extraction of precious metals. The Company’s segments include Young-Davidson, Mulatos, El Chanate and Corporate/other. Its Corporate and other segment consists of exploration and development projects.

Earnings History and Estimates for Alamos Gold (TSE:AGI)

Receive News & Ratings for Alamos Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alamos Gold and related companies with MarketBeat.com's FREE daily email newsletter.