Alamos Gold (AGI) to Release Quarterly Earnings on Wednesday

Alamos Gold (TSE:AGI) (NYSE:AGI) is set to announce its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of C$0.04 per share for the quarter.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its quarterly earnings data on Wednesday, February 20th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.03 by C($0.01). The firm had revenue of C$215.58 million for the quarter.

Shares of Alamos Gold stock opened at C$6.16 on Wednesday. The firm has a market capitalization of $2.40 billion and a PE ratio of -32.42. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.04 and a current ratio of 3.04. Alamos Gold has a 1 year low of C$3.88 and a 1 year high of C$7.97.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a $0.013 dividend. The ex-dividend date was Thursday, March 14th. This represents a $0.05 annualized dividend and a dividend yield of 0.84%. Alamos Gold’s payout ratio is -10.53%.

Several equities research analysts have recently issued reports on AGI shares. Raymond James upgraded shares of Alamos Gold to a “hold” rating and set a C$10.00 price objective on the stock in a research note on Wednesday, January 16th. CIBC reduced their target price on Alamos Gold from C$10.00 to C$8.25 in a research report on Monday, January 21st. Finally, National Bank Financial reduced their target price on Alamos Gold from C$7.25 to C$7.00 and set an “outperform” rating for the company in a research report on Monday, February 4th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of C$8.86.

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Alamos Gold Company Profile

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's flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada.

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Earnings History for Alamos Gold (TSE:AGI)

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