Scotiabank Forecasts Alamos Gold's FY2026 Earnings (TSE:AGI)

Alamos Gold Inc. (TSE:AGI - Free Report) NYSE: AGI - Research analysts at Scotiabank lifted their FY2026 earnings estimates for shares of Alamos Gold in a research report issued on Tuesday, July 15th. Scotiabank analyst O. Habib now anticipates that the company will earn $1.89 per share for the year, up from their previous estimate of $1.87. The consensus estimate for Alamos Gold's current full-year earnings is $1.48 per share.

Several other equities analysts have also recently issued reports on AGI. Canaccord Genuity Group upped their target price on shares of Alamos Gold from C$39.00 to C$44.00 and gave the company a "buy" rating in a research note on Monday, April 7th. TD Securities lowered their target price on shares of Alamos Gold from C$48.00 to C$45.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. National Bank Financial upgraded shares of Alamos Gold to a "strong-buy" rating in a research note on Friday, March 21st. Stifel Canada upgraded shares of Alamos Gold to a "strong-buy" rating in a research note on Tuesday, July 8th. Finally, CIBC upped their target price on shares of Alamos Gold from C$46.00 to C$48.00 in a research note on Thursday, April 17th. Four investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Alamos Gold has an average rating of "Buy" and an average price target of C$41.54.

Alamos Gold Stock Performance

AGI traded down C$0.75 during midday trading on Friday, hitting C$34.14. 1,120,566 shares of the company traded hands, compared to its average volume of 1,328,593. The company has a quick ratio of 1.06, a current ratio of 1.62 and a debt-to-equity ratio of 8.48. The firm has a market capitalization of C$10.10 billion, a PE ratio of 40.65, a price-to-earnings-growth ratio of -2.10 and a beta of 1.10. The company's 50-day moving average is C$36.02 and its 200 day moving average is C$34.77. Alamos Gold has a 52 week low of C$22.59 and a 52 week high of C$42.97.

Insider Transactions at Alamos Gold

In other news, Senior Officer John Michael Fitzgerald sold 40,000 shares of the stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of C$37.00, for a total value of C$1,479,880.00. Also, Senior Officer Gregory S. Fisher sold 10,000 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of C$37.27, for a total transaction of C$372,700.00. Over the last ninety days, insiders have sold 86,245 shares of company stock worth $3,193,307. 0.27% of the stock is currently owned by corporate insiders.

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.