Alamos Gold (NYSE:AGI) (TSE:AGI) is set to announce its earnings results after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of $0.03 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
Alamos Gold (NYSE:AGI) (TSE:AGI) last announced its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $0.03 EPS for the quarter, meeting analysts’ consensus estimates of $0.03. The firm had revenue of $156.00 million during the quarter, compared to analysts’ expectations of $163.19 million. Alamos Gold had a negative net margin of 8.88% and a positive return on equity of 0.67%. The company’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.03 earnings per share. On average, analysts expect Alamos Gold to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of AGI stock opened at $6.67 on Tuesday. The firm has a market capitalization of $2.59 billion, a PE ratio of 133.40, a P/E/G ratio of 0.71 and a beta of 0.32. The company has a fifty day moving average price of $6.08. Alamos Gold has a one year low of $2.90 and a one year high of $6.86.
Several brokerages have recently weighed in on AGI. CIBC reissued a “buy” rating and issued a $9.00 price objective on shares of Alamos Gold in a research report on Friday, June 21st. Zacks Investment Research raised shares of DLH from a “sell” rating to a “hold” rating in a research report on Tuesday, July 9th. TheStreet lowered shares of Hostess Brands from a “b” rating to a “f” rating in a research report on Thursday, July 18th. Canaccord Genuity increased their price objective on shares of from GBX 495 ($6.47) to GBX 500 ($6.53) and gave the company a “buy” rating in a research report on Thursday, June 13th. Finally, Credit Suisse Group began coverage on shares of New Gold in a research report on Tuesday, April 16th. They issued a “neutral” rating and a $1.00 price objective on the stock. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $6.77.
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'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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