Alamos Gold (TSE:AGI) Given a C$64.00 Price Target by Desjardins Analysts

Alamos Gold (TSE:AGI) (NYSE:AGI) has been given a C$64.00 target price by research analysts at Desjardins in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Desjardins’ price objective points to a potential upside of 21.30% from the stock’s previous close. Desjardins also issued estimates for Alamos Gold’s FY2026 earnings at $3.16 EPS and FY2028 earnings at $3.71 EPS.

AGI has been the topic of several other research reports. Bank of America lifted their price objective on shares of Alamos Gold from C$55.00 to C$60.00 in a research note on Thursday, October 16th. Stifel Nicolaus raised their target price on shares of Alamos Gold from C$48.00 to C$65.00 in a research report on Monday, October 20th. TD Securities lowered their price target on Alamos Gold from C$56.00 to C$55.00 in a research report on Monday, November 3rd. CIBC upped their target price on shares of Alamos Gold from C$55.00 to C$74.00 in a report on Friday, October 10th. Finally, BMO Capital Markets raised their price target on Alamos Gold from C$48.00 to C$51.00 in a report on Tuesday, September 16th. Two investment analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$59.63.

Alamos Gold Trading Up 2.0%

AGI stock opened at C$52.76 on Friday. The company has a market cap of C$22.20 billion, a P/E ratio of 41.22, a PEG ratio of -2.10 and a beta of 0.84. Alamos Gold has a twelve month low of C$25.69 and a twelve month high of C$52.83. The company has a quick ratio of 1.06, a current ratio of 1.62 and a debt-to-equity ratio of 8.48. The business has a fifty day moving average of C$46.70 and a 200-day moving average of C$40.77.

Alamos Gold (TSE:AGI) (NYSE:AGI) last released its earnings results on Wednesday, October 29th. The company reported C$0.65 earnings per share (EPS) for the quarter. Alamos Gold had a net margin of 19.89% and a return on equity of 7.84%. The company had revenue of C$643.72 million for the quarter. As a group, equities research analysts expect that Alamos Gold will post 1.4774775 EPS for the current year.

Alamos Gold Company Profile

Alamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating mines in North America: the Young-Davidson Mine in Canada and the Mulatos and El Chanate Mines in Sonora, Mexico. The Young-Davidson mine is the group’s largest revenue contributor, and the property also holds mineral leases and claims covering approximately 11,000 acres.