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

National Bank Financial downgraded shares of Alamos Gold (TSE:AGI) (NYSE:AGI) from a strong-buy rating to a hold rating in a research note released on Sunday, Zacks.com reports. National Bank Financial also issued estimates for Alamos Gold’s FY2026 earnings at $0.81 EPS.

Other research analysts have also recently issued research reports about the company. CIBC boosted their price target on Alamos Gold from C$25.00 to C$38.00 and gave the stock an outperform rating in a research note on Monday, July 15th. Scotiabank raised Alamos Gold to a strong-buy rating in a research report on Tuesday, July 16th. National Bankshares dropped their price target on shares of Alamos Gold from C$26.50 to C$26.00 and set an outperform rating on the stock in a report on Friday, August 2nd. TD Securities boosted their price objective on shares of Alamos Gold from C$27.00 to C$31.00 in a report on Monday, July 22nd. Finally, Canaccord Genuity Group increased their price objective on shares of Alamos Gold from C$25.00 to C$29.00 in a research report on Tuesday, July 23rd. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of Moderate Buy and an average price target of C$24.90.

Alamos Gold Stock Up 3.3 %

TSE:AGI opened at C$25.44 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.06 and a current ratio of 3.04. The firm has a market cap of C$10.68 billion, a P/E ratio of 37.41, a P/E/G ratio of -2.10 and a beta of 1.10. Alamos Gold has a fifty-two week low of C$14.80 and a fifty-two week high of C$27.57. The firm has a 50-day simple moving average of C$24.28 and a two-hundred day simple moving average of C$21.71.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its quarterly earnings results on Wednesday, July 31st. The company reported C$0.33 earnings per share for the quarter, beating the consensus estimate of C$0.26 by C$0.07. Alamos Gold had a net margin of 17.72% and a return on equity of 6.72%. The company had revenue of C$455.07 million during the quarter. Analysts predict that Alamos Gold will post 1.0703561 earnings per share for the current fiscal year.

Alamos Gold Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 12th will be issued a dividend of $0.035 per share. This is a boost from Alamos Gold’s previous quarterly dividend of $0.03. This represents a $0.14 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Thursday, September 12th. Alamos Gold’s dividend payout ratio is currently 19.12%.

Insiders Place Their Bets

In other news, Senior Officer Nils Frederik Jonas Engelstad sold 16,500 shares of the business’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of C$26.68, for a total transaction of C$440,220.00. In related news, Senior Officer Nils Frederik Jonas Engelstad sold 16,500 shares of Alamos Gold stock in a transaction on Monday, August 19th. The stock was sold at an average price of C$26.68, for a total transaction of C$440,220.00. Also, Director John Mccluskey sold 4,800 shares of the business’s stock in a transaction dated Wednesday, June 19th. The shares were sold at an average price of C$21.38, for a total value of C$102,624.00. Over the last ninety days, insiders have sold 65,254 shares of company stock worth $1,595,878. Company insiders own 0.27% of the company’s stock.

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.