Scotiabank Has Positive View of Alamos Gold FY2027 Earnings

Key Points

• Scotiabank raised its FY2027 EPS estimate for Alamos Gold to $3.94 from $3.87, versus the current consensus full-year EPS of $1.48.
• Analyst sentiment is positive with one Strong Buy and four Buy ratings and an average target of C$70.67; recent price-target moves range roughly C$71.50–C$90 while the stock trades near C$64.03 (market cap C$26.89B, P/E 30.49).
• Alamos is an intermediate gold producer with operations at Island Gold, Young‑Davidson and Mulatos and growth projects including the Island Gold Phase 3+ expansion and the Lynn Lake project.

Alamos Gold Inc. (TSE:AGI - Free Report) NYSE: AGI - Research analysts at Scotiabank boosted their FY2027 earnings per share estimates for Alamos Gold in a research note issued to investors on Wednesday, April 1st. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $3.94 for the year, up from their previous estimate of $3.87. The consensus estimate for Alamos Gold's current full-year earnings is $1.48 per share.

Other equities research analysts also recently issued reports about the stock. Haywood Securities lowered their price target on shares of Alamos Gold from C$77.50 to C$71.50 in a report on Friday, February 6th. National Bank Financial raised their target price on shares of Alamos Gold from C$68.00 to C$75.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 14th. Stifel Nicolaus boosted their price target on Alamos Gold from C$65.00 to C$80.00 in a report on Tuesday, February 10th. Canadian Imperial Bank of Commerce raised their price objective on Alamos Gold from C$80.00 to C$90.00 in a report on Thursday, February 26th. Finally, Bank of America lifted their price objective on Alamos Gold from C$67.00 to C$78.50 in a research report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of C$70.67.

Alamos Gold Trading Up 0.9%

Shares of AGI stock opened at C$64.03 on Friday. The company has a market capitalization of C$26.89 billion, a price-to-earnings ratio of 30.49, a PEG ratio of -2.10 and a beta of 1.55. The company has a current ratio of 1.72, a quick ratio of 1.06 and a debt-to-equity ratio of 5.27. The firm has a 50-day moving average price of C$61.63 and a 200 day moving average price of C$53.78. Alamos Gold has a twelve month low of C$32.90 and a twelve month high of C$75.78.

Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI last issued its quarterly earnings data on Thursday, February 19th. The company reported C$0.74 earnings per share (EPS) for the quarter. The business had revenue of C$765.13 million for the quarter. Alamos Gold had a return on equity of 22.48% and a net margin of 49.07%.

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.

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