Analysts expect Alamos Gold Inc (NYSE:AGI) (TSE:AGI) to report earnings per share of $0.02 for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Alamos Gold’s earnings. The highest EPS estimate is $0.03 and the lowest is $0.01. Alamos Gold reported earnings of $0.04 per share in the same quarter last year, which would indicate a negative year over year growth rate of 50%. The business is expected to announce its next earnings results on Thursday, February 28th.
According to Zacks, analysts expect that Alamos Gold will report full year earnings of $0.06 per share for the current financial year, with EPS estimates ranging from $0.04 to $0.08. For the next financial year, analysts forecast that the firm will report earnings of $0.12 per share, with EPS estimates ranging from $0.09 to $0.18. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Alamos Gold.
Several equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Alamos Gold from a “sell” rating to a “hold” rating in a report on Friday, September 21st. ValuEngine upgraded shares of Alamos Gold from a “strong sell” rating to a “sell” rating in a report on Tuesday, October 2nd. CSFB restated an “outperform” rating and set a $7.50 price objective on shares of Alamos Gold in a report on Friday, September 7th. Raymond James restated a “buy” rating on shares of Alamos Gold in a report on Friday, November 2nd. Finally, Canaccord Genuity restated a “buy” rating on shares of Alamos Gold in a report on Friday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $7.65.
Shares of Alamos Gold stock opened at $3.60 on Monday. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 42.13, a PEG ratio of 1.75 and a beta of 0.38. Alamos Gold has a one year low of $3.10 and a one year high of $6.84.
About Alamos Gold
Alamos Gold Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company holds interests in the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada; the Mulatos mine located within the Salamandra Concessions in the Sierra Madre Occidental mountain range in the east-central portion of the State of Sonora, Mexico; and the El Chanate mine that comprises 22 mineral concessions covering 4,618 hectares situated in the State of Sonora, Mexico.
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