Alamos Gold's latest earnings report shows strong performance, beating expectations and marking a significant moment for investors in the mining sector.
Alamos Gold Inc (AGI.TO) recently reported its second quarter earnings for 2026, revealing an adjusted earnings per share (EPS) of $0.59, which surpassed analyst estimates of $0.53 by 11.3%. This marks the third earnings beat in the last four quarters for the company, indicating a positive trend in its financial performance despite challenges in the mining sector.
Recent earnings trend
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Alamos Gold Inc
AGI.TO
AGI.TO
Alamos Gold Inc
WealthAwesomeMarket cap
$16.31B
P/E
9.9x
Div. yield
0.33%
Div. / share
$0.13
52W high
$75.63
52W low
$34.71
1W change
-6.64%
Beta
1.33
Analyst Price Targets
Based on analyst covering AGI
Wall Street analysts forecast AGI stock price to rise 72.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$67.22
+72.5% Upside
Current Price
C$38.96
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AGI's historical volatility
30-Day Vol
74.3%
Annualized
90-Day Vol
62.3%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$32.59
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$36.71 | C$28.41 – C$47.43 |
| 60 trading days | C$34.59 | C$24.07 – C$49.69 |
| 90 trading days | C$32.59 | C$20.91 – C$50.80 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 8 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-28 | — | 0.6100 | — |
| 2026-06-30 | 2026-07-29 | 0.5900 | 0.5300 | +11.3% |
| 2026-03-31 | 2026-04-29 | 0.5500 | 0.5500 | +0.0% |
| 2025-12-31 | 2026-02-18 | 0.5400 | 0.5000 | +8.0% |
| 2025-09-30 | 2025-10-28 | 0.3700 | 0.3600 | +2.8% |
| 2025-06-30 | 2025-07-30 | 0.3400 | 0.3300 | +3.0% |
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Investor takeaway: Despite the earnings beat, Alamos Gold's stock has declined in recent weeks, suggesting that market sentiment remains cautious. Investors should weigh the company's operational challenges against its strong earnings performance when considering future prospects.
EPS of $0.59 Surpasses Estimates by 11.3%
Alamos Gold's $0.59 EPS reflects a 118.2% increase year-over-year, showing strong growth potential despite recent operational setbacks.
Bull case
Alamos Gold generated a robust free cash flow of $144 million in Q2 2026 and achieved record production levels at the Island Gold District. With a solid cash position and ongoing growth initiatives, the company is well-positioned for long-term success, especially if gold prices remain favorable.
Bear case
The company faces significant challenges, including reduced production guidance for the Young-Davidson mine due to a seismic event and rising costs driven by labor inflation. These factors may affect future earnings and investor sentiment, potentially leading to further stock price volatility.
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