Scotiabank Issues Positive Forecast for Alamos Gold Earnings

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – Equities research analysts at Scotiabank raised their FY2026 earnings estimates for shares of Alamos Gold in a research note issued on Wednesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $3.09 per share for the year, up from their previous estimate of $2.78. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share.

A number of other equities analysts have also issued reports on the company. TD raised their target price on Alamos Gold from C$70.00 to C$78.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. National Bank Financial dropped their price target on Alamos Gold from C$88.00 to C$87.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Finally, Canaccord Genuity Group boosted their price target on Alamos Gold from C$72.00 to C$80.00 in a research note on Wednesday, April 8th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Alamos Gold has an average rating of “Buy” and an average target price of C$76.20.

Alamos Gold Price Performance

Shares of AGI opened at C$39.62 on Monday. The firm has a market capitalization of C$16.64 billion, a PE ratio of 15.78, a price-to-earnings-growth ratio of -2.10 and a beta of 1.89. The company has a debt-to-equity ratio of 4.77, a current ratio of 1.74 and a quick ratio of 1.05. Alamos Gold has a 1-year low of C$33.11 and a 1-year high of C$75.78. The company’s fifty day moving average price is C$48.74 and its 200-day moving average price is C$56.50.

Alamos Gold (TSE:AGI) (NYSE:AGI) last posted its quarterly earnings results on Wednesday, April 29th. The company reported C$0.76 earnings per share (EPS) for the quarter. Alamos Gold had a net margin of 51.42% and a return on equity of 25.24%. The business had revenue of C$829.59 million during the quarter.

Alamos Gold Company Profile

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.