Scotiabank Issues Negative Outlook for Alamos Gold Earnings

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Scotiabank dropped their FY2026 earnings estimates for shares of Alamos Gold in a report released on Friday, September 25th. Scotiabank analyst O. Habib now expects that the company will post earnings of $2.94 per share for the year, down from their previous estimate of $3.03. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share.

Other equities analysts have also issued research reports about the company. Canadian Imperial Bank of Commerce lowered their target price on Alamos Gold from C$82.00 to C$75.00 in a research note on Thursday, July 30th. National Bank Financial boosted their price target on Alamos Gold from C$76.00 to C$81.00 and gave the company an “outperform” rating in a research note on Monday, September 21st. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Alamos Gold has a consensus rating of “Buy” and a consensus target price of C$76.67.

Alamos Gold Trading Down 5.0%

Shares of TSE:AGI opened at C$46.38 on Monday. Alamos Gold has a 12-month low of C$38.03 and a 12-month high of C$75.78. The business has a 50 day moving average of C$47.31 and a 200-day moving average of C$51.91. The company has a quick ratio of 1.05, a current ratio of 1.78 and a debt-to-equity ratio of 4.50. The stock has a market cap of C$19.41 billion, a PE ratio of 16.62, a P/E/G ratio of -2.10 and a beta of 2.13.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its quarterly earnings results on Wednesday, July 29th. The company reported C$0.84 EPS for the quarter. The business had revenue of C$844.09 million for the quarter. Alamos Gold had a net margin of 52.85% and a return on equity of 26.10%.

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.