Scotiabank Issues Negative Forecast for Alamos Gold Earnings

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

Several other equities research analysts have also commented on AGI. National Bank Financial boosted their price objective on Alamos Gold from C$76.00 to C$81.00 and gave the stock an “outperform” rating in a research note on Monday, September 21st. Canadian Imperial Bank of Commerce decreased their target price on Alamos Gold from C$82.00 to C$75.00 in a research report on Thursday, July 30th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Alamos Gold presently has a consensus rating of “Buy” and a consensus price target of C$76.67.

Alamos Gold Trading Up 1.1%

Shares of Alamos Gold stock opened at C$46.91 on Monday. The firm has a market capitalization of C$19.64 billion, a PE ratio of 16.81, a P/E/G ratio of -2.10 and a beta of 2.13. Alamos Gold has a twelve month low of C$38.03 and a twelve month high of C$75.78. The firm’s 50-day moving average price is C$47.41 and its 200 day moving average price is C$51.76. The company has a current ratio of 1.78, a quick ratio of 1.05 and a debt-to-equity ratio of 4.50.

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