Scotiabank Analysts Lower Earnings Estimates for Alamos Gold

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Analysts at Scotiabank dropped their FY2026 EPS estimates for shares of Alamos Gold in a report released on Wednesday, February 11th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $3.68 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 earnings results on Wednesday, October 29th. The company reported C$0.65 EPS for the quarter. The firm had revenue of C$643.72 million during the quarter. Alamos Gold had a net margin of 19.89% and a return on equity of 7.84%.

AGI has been the subject of several other research reports. Desjardins set a C$64.00 target price on shares of Alamos Gold and gave the company a “buy” rating in a report on Friday, November 28th. Canadian Imperial Bank of Commerce raised their price objective on Alamos Gold from C$74.00 to C$80.00 in a report on Wednesday, February 4th. TD Securities boosted their target price on Alamos Gold from C$55.00 to C$66.00 in a report on Thursday, January 22nd. National Bank Financial upped their target price on Alamos Gold from C$68.00 to C$75.00 and gave the company an “outperform” rating in a research report on Wednesday, January 14th. Finally, Stifel Nicolaus lifted their price target on Alamos Gold from C$65.00 to C$80.00 in a research report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to data from MarketBeat, Alamos Gold presently has a consensus rating of “Buy” and a consensus price target of C$65.72.

Alamos Gold Stock Performance

Shares of Alamos Gold stock opened at C$59.08 on Monday. 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 has a 52 week low of C$31.63 and a 52 week high of C$63.34. The firm’s 50 day moving average is C$55.75 and its two-hundred day moving average is C$48.51. The firm has a market capitalization of C$24.80 billion, a P/E ratio of 46.16, a P/E/G ratio of -2.10 and a beta of 0.85.

About Alamos Gold

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.