Alamos Gold (NYSE:AGI) Rating Lowered to Hold at National Bank Financial

Alamos Gold (NYSE:AGI) (TSE:AGI) was downgraded by research analysts at National Bank Financial from a “strong-buy” rating to a “hold” rating in a report issued on Sunday, Zacks.com reports. National Bank Financial also issued estimates for Alamos Gold’s FY2026 earnings at $0.60 EPS.

Other equities research analysts have also issued research reports about the stock. Jefferies Financial Group boosted their price objective on Alamos Gold from $20.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, July 12th. StockNews.com upgraded Alamos Gold from a “hold” rating to a “buy” rating in a research note on Thursday, May 16th. Finally, Scotiabank boosted their price objective on Alamos Gold from $20.00 to $22.00 and gave the company a “sector outperform” rating in a research note on Monday, August 19th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Alamos Gold has a consensus rating of “Moderate Buy” and a consensus target price of $22.06.

Alamos Gold Trading Up 0.4 %

Shares of AGI stock opened at $18.17 on Friday. The stock has a market cap of $7.62 billion, a PE ratio of 34.93, a price-to-earnings-growth ratio of 0.78 and a beta of 1.18. The company’s fifty day moving average price is $17.80 and its 200-day moving average price is $15.97. Alamos Gold has a 12 month low of $10.78 and a 12 month high of $20.24.

Alamos Gold (NYSE:AGI) (TSE:AGI) last issued its earnings results on Wednesday, July 31st. The basic materials company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.05. Alamos Gold had a return on equity of 8.52% and a net margin of 17.73%. The business had revenue of $332.60 million during the quarter, compared to analyst estimates of $282.78 million. During the same quarter in the previous year, the firm earned $0.15 EPS. Alamos Gold’s revenue was up 27.4% on a year-over-year basis. On average, sell-side analysts forecast that Alamos Gold will post 0.75 earnings per share for the current fiscal year.

Institutional Trading of Alamos Gold

Institutional investors and hedge funds have recently made changes to their positions in the company. Cheviot Value Management LLC grew its stake in Alamos Gold by 2.0% in the fourth quarter. Cheviot Value Management LLC now owns 51,927 shares of the basic materials company’s stock valued at $699,000 after purchasing an additional 1,000 shares during the last quarter. Natixis Advisors L.P. grew its stake in Alamos Gold by 3.6% in the fourth quarter. Natixis Advisors L.P. now owns 32,588 shares of the basic materials company’s stock valued at $438,000 after purchasing an additional 1,137 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in Alamos Gold by 3.4% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 38,816 shares of the basic materials company’s stock valued at $609,000 after purchasing an additional 1,282 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in Alamos Gold by 2.6% in the second quarter. Commonwealth Equity Services LLC now owns 66,445 shares of the basic materials company’s stock valued at $1,042,000 after purchasing an additional 1,654 shares during the last quarter. Finally, Easterly Investment Partners LLC grew its stake in Alamos Gold by 0.6% in the second quarter. Easterly Investment Partners LLC now owns 277,910 shares of the basic materials company’s stock valued at $4,358,000 after purchasing an additional 1,673 shares during the last quarter. 64.33% of the stock is currently owned by institutional investors.

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.