Q4 2017 EPS Estimates for Alamos Gold Inc Lowered by Analyst (AGI)
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.
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.
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.
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