Alamos Gold Inc. (NYSE:AGI – Free Report) (TSE:AGI) – Research analysts at Scotiabank cut their FY2026 EPS estimates for shares of Alamos Gold in a note issued to investors on Wednesday, March 19th. Scotiabank analyst O. Habib now anticipates that the basic materials company will post earnings per share of $1.06 for the year, down from their prior forecast 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 issued its earnings results on Wednesday, February 19th. The basic materials company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Alamos Gold had a return on equity of 10.05% and a net margin of 21.11%. The firm had revenue of $375.80 million for the quarter, compared to the consensus estimate of $388.06 million.
Check Out Our Latest Research Report on Alamos Gold
Alamos Gold Trading Up 2.0 %
Shares of NYSE AGI opened at $26.18 on Monday. The stock has a market cap of $11.01 billion, a price-to-earnings ratio of 37.94, a PEG ratio of 0.40 and a beta of 1.15. The business has a 50 day simple moving average of $22.72 and a 200 day simple moving average of $20.59. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.96 and a current ratio of 1.51. Alamos Gold has a 52 week low of $13.53 and a 52 week high of $26.50.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Old West Investment Management LLC boosted its holdings in Alamos Gold by 11.0% during the third quarter. Old West Investment Management LLC now owns 485,892 shares of the basic materials company’s stock valued at $9,689,000 after acquiring an additional 48,128 shares during the period. Natixis Advisors LLC lifted its position in shares of Alamos Gold by 2.0% during the 3rd quarter. Natixis Advisors LLC now owns 27,681 shares of the basic materials company’s stock worth $552,000 after purchasing an additional 531 shares during the last quarter. Cerity Partners LLC boosted its stake in Alamos Gold by 101.5% during the 3rd quarter. Cerity Partners LLC now owns 23,173 shares of the basic materials company’s stock valued at $462,000 after purchasing an additional 11,674 shares during the period. Pekin Hardy Strauss Inc. grew its holdings in Alamos Gold by 4.6% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 224,841 shares of the basic materials company’s stock valued at $4,486,000 after buying an additional 9,825 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in Alamos Gold in the 3rd quarter worth approximately $1,486,000. 64.33% of the stock is currently owned by institutional investors and hedge funds.
Alamos Gold Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date of this dividend is Thursday, March 13th. Alamos Gold’s 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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