Scotiabank Analysts Boost Earnings Estimates for Alamos Gold

Alamos Gold Inc. (TSE:AGI - Free Report) NYSE: AGI - Stock analysts at Scotiabank lifted their FY2026 EPS estimates for Alamos Gold in a report released on Tuesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $1.89 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.

AGI has been the subject of a number of other research reports. Canaccord Genuity Group boosted 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 report on Monday, April 7th. National Bankshares boosted their target price on Alamos Gold from C$51.75 to C$52.25 and gave the company an "outperform" rating in a research note on Friday, June 27th. Stifel Canada raised Alamos Gold to a "strong-buy" rating in a research note on Tuesday, July 8th. CIBC lifted their target price on Alamos Gold from C$46.00 to C$48.00 in a report on Thursday, April 17th. Finally, TD Securities lowered their target price on 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. Four investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of C$41.54.

Alamos Gold Stock Performance

Shares of TSE AGI traded up C$1.35 during midday trading on Friday, hitting C$35.49. The company's stock had a trading volume of 277,969 shares, compared to its average volume of 1,320,873. Alamos Gold has a 1-year low of C$22.59 and a 1-year high of C$42.97. The firm's fifty day moving average price is C$36.02 and its 200-day moving average price is C$34.88. The company has a debt-to-equity ratio of 8.48, a quick ratio of 1.06 and a current ratio of 1.62. The firm has a market cap of C$10.50 billion, a P/E ratio of 42.26, a P/E/G ratio of -2.10 and a beta of 1.10.

Insider Activity

In other Alamos Gold news, Senior Officer Grace Tang sold 4,000 shares of the company's stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of C$36.00, for a total transaction of C$144,000.00. Also, Senior Officer Colin Webster sold 7,041 shares of the firm's stock in a transaction on Friday, May 9th. The stock was sold at an average price of C$37.58, for a total value of C$264,571.21. Over the last ninety days, insiders have sold 86,245 shares of company stock valued at $3,193,307. Insiders own 0.27% of the company's stock.

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.