Alamos Gold (NYSE:AGI) Upgraded at Stifel Canada

Stifel Canada upgraded shares of Alamos Gold (NYSE:AGI - Free Report) TSE: AGI to a strong-buy rating in a research note released on Tuesday,Zacks.com reports. Stifel Canada also issued estimates for Alamos Gold's Q2 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.28 EPS, Q4 2025 earnings at $0.30 EPS, FY2025 earnings at $1.03 EPS, FY2026 earnings at $1.41 EPS and FY2027 earnings at $1.73 EPS.

Several other analysts have also commented on the stock. National Bank Financial raised shares of Alamos Gold to a "strong-buy" rating in a research report on Friday, March 21st. Stifel Nicolaus initiated coverage on shares of Alamos Gold in a research report on Wednesday. They set a "buy" rating for the company. Wall Street Zen downgraded shares of Alamos Gold from a "buy" rating to a "hold" rating in a research note on Monday, May 5th. Scotiabank reaffirmed an "outperform" rating on shares of Alamos Gold in a research report on Monday, April 14th. Finally, Royal Bank Of Canada increased their price objective on Alamos Gold from $27.00 to $30.00 and gave the company an "outperform" rating in a report on Friday, April 4th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $30.38.

Alamos Gold Stock Up 1.9%

Shares of Alamos Gold stock traded up $0.49 during trading on Tuesday, hitting $26.60. 3,268,598 shares of the stock traded hands, compared to its average volume of 2,930,539. The company has a current ratio of 1.49, a quick ratio of 0.94 and a debt-to-equity ratio of 0.07. The stock's fifty day simple moving average is $26.34 and its 200 day simple moving average is $24.61. The firm has a market cap of $11.18 billion, a P/E ratio of 42.90, a price-to-earnings-growth ratio of 0.56 and a beta of 0.54. Alamos Gold has a 52-week low of $15.74 and a 52-week high of $31.00.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last posted its earnings results on Wednesday, April 30th. The basic materials company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.05). Alamos Gold had a net margin of 18.36% and a return on equity of 9.83%. The business had revenue of $333.00 million for the quarter, compared to analysts' expectations of $324.98 million. During the same period last year, the business posted $0.13 EPS. The company's revenue for the quarter was up 20.0% on a year-over-year basis. On average, equities analysts predict that Alamos Gold will post 1.29 earnings per share for the current fiscal year.

Alamos Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Thursday, June 12th were issued a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date of this dividend was Thursday, June 12th. Alamos Gold's dividend payout ratio (DPR) is presently 16.13%.

Hedge Funds Weigh In On Alamos Gold

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Murphy Pohlad Asset Management LLC boosted its holdings in shares of Alamos Gold by 0.3% in the 1st quarter. Murphy Pohlad Asset Management LLC now owns 159,650 shares of the basic materials company's stock valued at $4,269,000 after acquiring an additional 500 shares during the last quarter. Baird Financial Group Inc. lifted its position in Alamos Gold by 0.3% during the fourth quarter. Baird Financial Group Inc. now owns 181,611 shares of the basic materials company's stock valued at $3,349,000 after purchasing an additional 614 shares during the period. Cheviot Value Management LLC boosted its holdings in Alamos Gold by 1.2% in the first quarter. Cheviot Value Management LLC now owns 52,377 shares of the basic materials company's stock valued at $1,346,000 after purchasing an additional 635 shares during the last quarter. SBI Securities Co. Ltd. grew its position in Alamos Gold by 67.0% during the 1st quarter. SBI Securities Co. Ltd. now owns 1,645 shares of the basic materials company's stock worth $44,000 after purchasing an additional 660 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of Alamos Gold by 1.2% during the 4th quarter. NewEdge Advisors LLC now owns 72,751 shares of the basic materials company's stock valued at $1,342,000 after buying an additional 854 shares during the last quarter. Hedge funds and other institutional investors own 64.33% of the company's stock.

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.