National Bank Financial Estimates Alamos Gold Q4 Earnings

Alamos Gold Inc. (TSE:AGI) (NYSE:AGI) – National Bank Financial issued their Q4 2024 earnings per share (EPS) estimates for Alamos Gold in a report issued on Monday, February 10th. National Bank Financial analyst M. Parkin forecasts that the company will post earnings of $0.33 per share for the quarter. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $1.48 per share. National Bank Financial also issued estimates for Alamos Gold’s FY2025 earnings at $1.73 EPS.

Several other equities research analysts have also recently weighed in on the company. National Bankshares raised Alamos Gold from a “sector perform” rating to an “outperform” rating and set a C$35.00 price objective for the company in a research report on Tuesday, December 3rd. CIBC upped their target price on shares of Alamos Gold from C$38.00 to C$40.00 in a research note on Monday, December 2nd. Six equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Alamos Gold presently has a consensus rating of “Buy” and an average target price of C$28.78.

Alamos Gold Stock Performance

AGI opened at C$32.12 on Wednesday. The company has a quick ratio of 1.06, a current ratio of 3.04 and a debt-to-equity ratio of 0.04. The stock’s 50 day moving average price is C$28.27 and its two-hundred day moving average price is C$26.94. The firm has a market capitalization of C$13.48 billion, a P/E ratio of 47.24, a price-to-earnings-growth ratio of -2.10 and a beta of 1.10. Alamos Gold has a 12-month low of C$15.27 and a 12-month high of C$33.03.

Insider Activity

In other Alamos Gold news, Director David Alexander Fleck bought 2,000 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The shares were acquired at an average cost of C$26.85 per share, for a total transaction of C$53,700.00. 0.27% of the stock is currently owned by company insiders.

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.