Scotiabank Has Weak Forecast for Alamos Gold FY2026 Earnings

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Scotiabank cut their FY2026 earnings per share (EPS) estimates for shares of Alamos Gold in a report issued on Wednesday, February 11th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $3.68 per share for the year, down from their prior estimate of $3.77. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share.

Alamos Gold (TSE:AGI) (NYSE:AGI) last issued its quarterly earnings data on Wednesday, October 29th. The company reported C$0.65 earnings per share (EPS) for the quarter. The company had revenue of C$643.72 million during the quarter. Alamos Gold had a return on equity of 7.84% and a net margin of 19.89%.

Other research analysts also recently issued research reports about the stock. National Bank Financial boosted their price target on shares of Alamos Gold from C$68.00 to C$75.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. Canadian Imperial Bank of Commerce lifted their target price on shares of Alamos Gold from C$74.00 to C$80.00 in a research note on Wednesday, February 4th. TD Securities upped their price target on shares of Alamos Gold from C$55.00 to C$66.00 in a research report on Thursday, January 22nd. Haywood Securities decreased their price target on Alamos Gold from C$77.50 to C$71.50 in a report on Friday, February 6th. Finally, Stifel Nicolaus lifted their price objective on Alamos Gold from C$65.00 to C$80.00 in a research report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$65.72.

Alamos Gold Stock Performance

Shares of AGI stock opened at C$61.61 on Monday. The stock has a market capitalization of C$25.87 billion, a PE ratio of 48.13, a PEG ratio of -2.10 and a beta of 0.85. The business’s 50 day simple moving average is C$55.33 and its 200 day simple moving average is C$48.14. The company has a debt-to-equity ratio of 8.48, a current ratio of 1.62 and a quick ratio of 1.06. Alamos Gold has a one year low of C$31.38 and a one year high of C$63.34.

Alamos Gold Company Profile

Alamos is a Canadian-based intermediate gold producer with diversified production from three operations in North America. This includes the Island Gold District and Young-Davidson mine in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the Company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 2,400 people and is committed to the highest standards of sustainable development.