Alamos Gold FY2025 EPS Lifted by National Bank Financial

Key Points

• National Bank Financial raised its FY2025 earnings per share estimate for Alamos Gold to $2.15, up from $2.10, indicating a positive outlook for the company's financial performance.
• Alamos Gold's current consensus EPS estimate for the full year is $1.48, suggesting that their growth expectations are significantly higher than initial forecasted earnings.
• The company recently declared a dividend of $0.025 per share, resulting in an annualized payout of $0.10 and a dividend yield of only 0.2%, reflecting a conservative approach to capital distribution.

Alamos Gold Inc. (TSE:AGI - Free Report) NYSE: AGI - Research analysts at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for Alamos Gold in a note issued to investors on Tuesday, September 23rd. National Bank Financial analyst D. Demarco now expects that the company will earn $2.15 per share for the year, up from their prior estimate of $2.10. The consensus estimate for Alamos Gold's current full-year earnings is $1.48 per share.

AGI has been the topic of a number of other reports. BMO Capital Markets upped their price target on Alamos Gold from C$48.00 to C$51.00 in a research report on Tuesday, September 16th. Bank of America upped their price target on Alamos Gold from C$50.50 to C$55.00 in a research report on Friday, August 29th. TD Securities lowered their price target on Alamos Gold from C$48.00 to C$47.00 and set a "buy" rating on the stock in a research report on Friday, August 1st. National Bankshares upped their price target on Alamos Gold from C$53.50 to C$56.00 and gave the company an "outperform" rating in a research report on Wednesday. Finally, Stifel Canada upgraded Alamos Gold to a "strong-buy" rating in a research report on Tuesday, July 8th. Two analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to MarketBeat.com, Alamos Gold presently has a consensus rating of "Buy" and a consensus price target of C$50.17.

Alamos Gold Stock Performance

Shares of TSE:AGI opened at C$46.37 on Thursday. The business's fifty day moving average price is C$39.44 and its two-hundred day moving average price is C$37.76. Alamos Gold has a fifty-two week low of C$24.47 and a fifty-two week high of C$47.71. The stock has a market capitalization of C$19.50 billion, a price-to-earnings ratio of 56.55, a price-to-earnings-growth ratio of -2.10 and a beta of 0.59. 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 Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Thursday, September 11th were issued a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.2%. Alamos Gold's payout ratio is presently 12.20%.

About Alamos Gold

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.

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