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

Desjardins set a C$64.00 price target on Alamos Gold (TSE:AGI) (NYSE:AGI) in a research note published on Friday,BayStreet.CA reports. The firm currently has a buy rating on the stock. 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 upped their price target on Alamos Gold from C$55.00 to C$60.00 in a research report on Thursday, October 16th. CIBC increased their target price on shares of Alamos Gold from C$55.00 to C$74.00 in a report on Friday, October 10th. National Bankshares raised their price target on shares of Alamos Gold from C$56.00 to C$64.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 15th. BMO Capital Markets boosted their price objective on shares of Alamos Gold from C$48.00 to C$51.00 in a research report on Tuesday, September 16th. Finally, TD Securities dropped their price objective on shares of Alamos Gold from C$56.00 to C$55.00 in a research note on Monday, November 3rd. 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, the company presently has a consensus rating of “Buy” and an average target price of C$59.63.

Alamos Gold Stock Up 2.0%

TSE AGI opened at C$52.76 on Friday. The stock has a market cap of C$22.20 billion, a PE ratio of 41.22, a P/E/G ratio of -2.10 and a beta of 0.84. The business has a 50 day moving average price of C$46.70 and a two-hundred day moving average price of C$40.82. Alamos Gold has a fifty-two week low of C$25.69 and a fifty-two week 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.

Alamos Gold (TSE:AGI) (NYSE:AGI) last issued its quarterly earnings results on Wednesday, October 29th. The company reported C$0.65 EPS for the quarter. Alamos Gold had a return on equity of 7.84% and a net margin of 19.89%.The firm had revenue of C$643.72 million during the quarter. As a group, sell-side analysts predict that Alamos Gold will post 1.4774775 EPS for the current fiscal 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.