Alamos Gold (AGI) Scheduled to Post Earnings on Wednesday
Alamos Gold (NYSE:AGI) (TSE:AGI) will be posting its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Alamos Gold to post earnings of $0.03 per share for the quarter.
Alamos Gold (NYSE:AGI) (TSE:AGI) last released its earnings results on Wednesday, February 20th. The basic materials company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01. Alamos Gold had a positive return on equity of 0.74% and a negative net margin of 11.14%. The company had revenue of $163.10 million during the quarter, compared to analyst estimates of $163.25 million. The company’s revenue for the quarter was up .9% on a year-over-year basis. On average, analysts expect Alamos Gold to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
NYSE AGI opened at $4.59 on Wednesday. The stock has a market capitalization of $1.80 billion, a PE ratio of 91.80 and a beta of 0.25. Alamos Gold has a 1-year low of $2.90 and a 1-year high of $6.13.
AGI has been the subject of a number of recent analyst reports. Zacks Investment Research raised Alamos Gold from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 9th. Raymond James reaffirmed a “buy” rating on shares of Alamos Gold in a research report on Wednesday, January 16th. CIBC reaffirmed an “average” rating and set a $8.25 price target on shares of Alamos Gold in a research report on Monday, January 21st. Royal Bank of Canada lowered their price target on Alamos Gold from $7.00 to $6.00 and set a “hold” rating for the company in a research report on Wednesday, January 23rd. Finally, ValuEngine raised Alamos Gold from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Alamos Gold presently has an average rating of “Hold” and an average price target of $6.62.
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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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