Alamos Gold (AGI) Expected to Announce Earnings on Wednesday

Alamos Gold (NYSE:AGI) (TSE:AGI) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $388.06 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Alamos Gold Stock Performance

Shares of Alamos Gold stock opened at $22.28 on Tuesday. The company has a current ratio of 1.62, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average price of $19.91 and a two-hundred day moving average price of $19.53. Alamos Gold has a 1-year low of $11.34 and a 1-year high of $23.32. The company has a market cap of $9.37 billion, a P/E ratio of 37.14, a PEG ratio of 0.66 and a beta of 1.16.

Alamos Gold Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th were paid a $0.025 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.10 annualized dividend and a dividend yield of 0.45%. Alamos Gold’s dividend payout ratio is presently 16.67%.

Analyst Ratings Changes

Several analysts have recently commented on the company. Royal Bank of Canada raised their target price on Alamos Gold from $25.00 to $27.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. National Bank Financial upgraded Alamos Gold from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, December 3rd. Finally, StockNews.com downgraded Alamos Gold from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 22nd. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Alamos Gold currently has an average rating of “Buy” and a consensus price target of $26.06.

Alamos Gold Company Profile

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.