Scotiabank Has Positive View of Alamos Gold FY2027 Earnings

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Scotiabank boosted their FY2027 EPS estimates for shares of Alamos Gold in a research report issued to clients and investors on Wednesday, April 1st. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $3.94 for the year, up from their previous estimate of $3.87. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share.

Alamos Gold (TSE:AGI) (NYSE:AGI) last posted its quarterly earnings data on Thursday, February 19th. The company reported C$0.74 earnings per share (EPS) for the quarter. The company had revenue of C$765.13 million during the quarter. Alamos Gold had a net margin of 49.07% and a return on equity of 22.48%.

AGI has been the subject of a number of other reports. Canadian Imperial Bank of Commerce upped their price objective on Alamos Gold from C$80.00 to C$90.00 in a report on Thursday, February 26th. National Bank Financial raised their price objective on Alamos Gold from C$68.00 to C$75.00 and gave the company an “outperform” rating in a report on Wednesday, January 14th. Haywood Securities dropped their target price on Alamos Gold from C$77.50 to C$71.50 in a research report on Friday, February 6th. Stifel Nicolaus upped their target price on Alamos Gold from C$65.00 to C$80.00 in a research note on Tuesday, February 10th. Finally, TD Securities increased their price target on shares of Alamos Gold from C$55.00 to C$66.00 in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$70.67.

Alamos Gold Stock Performance

TSE AGI opened at C$64.03 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.72 and a debt-to-equity ratio of 5.27. The stock’s 50-day simple moving average is C$61.72 and its two-hundred day simple moving average is C$53.98. Alamos Gold has a twelve month low of C$32.90 and a twelve month high of C$75.78. The company has a market capitalization of C$26.89 billion, a price-to-earnings ratio of 30.49, a PEG ratio of -2.10 and a beta of 1.55.

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.