Brokers Offer Predictions for Alamos Gold Q4 Earnings

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Investment analysts at National Bank Financial issued their Q4 2024 earnings per share (EPS) estimates for shares of Alamos Gold in a report issued on Monday, February 10th. National Bank Financial analyst M. Parkin expects that the company will earn $0.33 per share for the quarter. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share. National Bank Financial also issued estimates for Alamos Gold’s FY2025 earnings at $1.73 EPS.

AGI has been the subject of a number of other research reports. National Bankshares raised shares of Alamos Gold from a “sector perform” rating to an “outperform” rating and set a C$35.00 target price for the company in a research note on Tuesday, December 3rd. CIBC lifted their price objective on Alamos Gold from C$38.00 to C$40.00 in a research report on Monday, December 2nd. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$28.78.

Alamos Gold Stock Performance

Shares of AGI opened at C$32.12 on Wednesday. The company has a market capitalization of C$13.48 billion, a PE ratio of 47.24, a PEG ratio of -2.10 and a beta of 1.10. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.06 and a current ratio of 3.04. The company’s 50 day moving average price is C$28.27 and its 200 day moving average price is C$26.94. Alamos Gold has a 52 week low of C$15.27 and a 52 week high of C$33.03.

Insider Buying and Selling

In related news, Director David Alexander Fleck bought 2,000 shares of the firm’s stock in a transaction on Wednesday, December 18th. The stock was purchased at an average price of C$26.85 per share, with a total value of C$53,700.00. 0.27% of the stock is currently owned by corporate insiders.

About Alamos Gold

Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.