FY2025 Earnings Estimate for Alamos Gold Inc. (TSE:AGI) Issued By Desjardins

Alamos Gold Inc. (TSE:AGI - Free Report) NYSE: AGI - Stock analysts at Desjardins upped their FY2025 earnings per share estimates for shares of Alamos Gold in a note issued to investors on Wednesday, April 3rd. Desjardins analyst J. Egilo now expects that the company will post earnings per share of $0.87 for the year, up from their prior estimate of $0.84. Desjardins currently has a "Hold" rating and a $18.75 price target on the stock. The consensus estimate for Alamos Gold's current full-year earnings is $0.77 per share.

AGI has been the topic of a number of other reports. TD Securities raised their price objective on Alamos Gold from C$23.00 to C$24.00 and gave the company a "buy" rating in a report on Thursday, March 28th. Royal Bank of Canada raised Alamos Gold from a "sector perform" rating to an "outperform" rating and lifted their price target for the stock from C$12.00 to C$16.00 in a research note on Thursday, January 11th. Haywood Securities lifted their price target on Alamos Gold from C$20.00 to C$22.50 in a research note on Monday. BMO Capital Markets lifted their price target on Alamos Gold from C$23.00 to C$26.00 and gave the stock an "outperform" rating in a research note on Thursday, March 28th. Finally, Jefferies Financial Group set a C$14.00 price target on Alamos Gold and gave the stock a "buy" rating in a research note on Thursday, February 29th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of C$20.64.

Alamos Gold Price Performance

Shares of TSE AGI traded up C$0.49 during trading hours on Friday, reaching C$20.17. 598,808 shares of the stock traded hands, compared to its average volume of 601,547. The company has a market capitalization of C$8.01 billion, a P/E ratio of 27.99, a price-to-earnings-growth ratio of -2.10 and a beta of 0.97. The company has a quick ratio of 1.06, a current ratio of 2.36 and a debt-to-equity ratio of 0.04. Alamos Gold has a 52-week low of C$14.80 and a 52-week high of C$20.39. The company's 50-day simple moving average is C$17.35 and its two-hundred day simple moving average is C$17.43.

Alamos Gold (TSE:AGI - Get Free Report) NYSE: AGI last announced its quarterly earnings data on Wednesday, February 21st. The company reported C$0.16 earnings per share for the quarter, meeting analysts' consensus estimates of C$0.16. The company had revenue of C$346.65 million for the quarter. Alamos Gold had a return on equity of 7.44% and a net margin of 20.52%.

Alamos Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th were paid a dividend of $0.034 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.14 annualized dividend and a dividend yield of 0.67%. Alamos Gold's dividend payout ratio (DPR) is presently 19.44%.

Insider Activity

In related news, Senior Officer Mario Luis Chavez - Martinez sold 30,000 shares of Alamos Gold stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of C$18.66, for a total transaction of C$559,737.00. Insiders own 0.29% 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.