Alamos Gold Inc. (NYSE:AGI – Free Report) (TSE:AGI) – Stock analysts at Scotiabank decreased their FY2026 earnings estimates for Alamos Gold in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst O. Habib now anticipates that the basic materials company will earn $1.06 per share for the year, down from their prior estimate of $1.12. The consensus estimate for Alamos Gold’s current full-year earnings is $1.29 per share.
Alamos Gold (NYSE:AGI – Get Free Report) (TSE:AGI) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. The company had revenue of $375.80 million for the quarter, compared to analyst estimates of $388.06 million. Alamos Gold had a return on equity of 10.05% and a net margin of 21.11%.
Alamos Gold Stock Up 2.0 %
AGI opened at $26.18 on Monday. The company has a market capitalization of $11.01 billion, a P/E ratio of 37.94, a P/E/G ratio of 0.40 and a beta of 1.15. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.51 and a quick ratio of 0.96. The firm’s fifty day moving average price is $22.72 and its two-hundred day moving average price is $20.59. Alamos Gold has a fifty-two week low of $13.53 and a fifty-two week high of $26.50.
Institutional Investors Weigh In On Alamos Gold
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in shares of Alamos Gold by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 15,995,738 shares of the basic materials company’s stock valued at $295,105,000 after buying an additional 279,280 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Alamos Gold by 17.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 9,440,153 shares of the basic materials company’s stock valued at $173,991,000 after acquiring an additional 1,424,550 shares during the period. CIBC Asset Management Inc lifted its position in Alamos Gold by 59.0% during the 4th quarter. CIBC Asset Management Inc now owns 7,726,726 shares of the basic materials company’s stock valued at $142,936,000 after purchasing an additional 2,867,027 shares during the period. Renaissance Technologies LLC grew its position in shares of Alamos Gold by 4.4% during the 4th quarter. Renaissance Technologies LLC now owns 7,534,253 shares of the basic materials company’s stock worth $138,932,000 after buying an additional 318,360 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Alamos Gold by 296.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,375,892 shares of the basic materials company’s stock worth $136,011,000 after buying an additional 5,516,186 shares during the last quarter. 64.33% of the stock is owned by institutional investors and hedge funds.
Alamos Gold Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.025 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.10 annualized dividend and a yield of 0.38%. Alamos Gold’s dividend payout ratio is 14.49%.
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.
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