Alamos Gold Inc. · AGI · FY2026 Q2 · Calendar Q3 2026

Alamos keeps production outlook while costs rise and projects advance

The quarter supports a constructive operating trajectory: Alamos maintained its production outlook and highlighted organic growth and exploration upside, but higher costs and execution risks remain important constraints.

Reported After market closeNYSEBasic Materials $11.49B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $0.59 Consensus $0.52
EPS surprise +13.5% Reported versus consensus
Reported revenue $594.1M Consensus $593.6M
Revenue surprise +0.1% Reported versus consensus

Market reaction

event-close to next-session close
Stock move -0.6% Event window
SPY move +1.7% Same window
Abnormal move -2.3% Stock minus SPY
Volume 2.2× Versus trailing sessions
Subsequent drift +33.4% Up to 20 sessions
AGISPY benchmark

Ask FN2 about AGI FY2026 Q2

Transcript, numbers and history already loaded

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Transcript intelligence

What changed

Management kept the production outlook unchanged while acknowledging higher costs driven by contractor inflation and workforce retention. The discussion also emphasized progress on the Island Gold shaft, Magino expansion, Lynn Lake and exploration, alongside operational issues at Young-Davidson and La Yaqui Grande.

Guidance delta

Production guidance was maintained; cost guidance increased.

Key takeaways

  • Management emphasized organic growth rather than near-term acquisitions.
  • Island Gold exploration and infrastructure remain central to the longer-term growth plan.
  • Operational updates were constructive overall, but cost inflation and execution remain the main offsets.
  • Longer leach cycles were described as a timing issue for cash flow rather than an ounces-loss issue.

Management priorities

  • Advance the Island Gold shaft and Magino mill expansion.
  • Build out Lynn Lake and continue development of organic growth projects.
  • Restore underground mining performance at Young-Davidson while managing seismic risk.
  • Continue exploration around Island Gold and other priority zones.
  • Monitor leach-pad operations and manage contractor and labor pressures.

Follow AGI with an agent that reads every filing, transcript, and price print. Free to start.

Try FN2 free

Earnings History

Estimate Beat Miss Match
AGI EPS earnings history estimate and actual scatter chart 10 reported fiscal quarters and 4 future estimate-only quarters. Q4 '23 estimate $0.12 Q4 '23 actual $0.12, match Q1 '24 estimate $0.13 Q1 '24 actual $0.13, match Q2 '24 estimate $0.19 Q2 '24 actual $0.24, beat Q3 '24 estimate $0.21 Q3 '24 actual $0.19, miss Q2 '25 estimate $0.33 Q2 '25 actual $0.34, match Q3 '25 estimate $0.37 Q3 '25 actual $0.37, match Q4 '25 estimate $0.49 Q4 '25 actual $0.54, beat Q1 '26 estimate $0.54 Q1 '26 actual $0.54, match Q2 '26 estimate $0.52 Q2 '26 actual $0.59, beat Q3 '26 estimate $0.43 Q3 '26 actual $0.43, match Q4 '26 estimate $0.57 Q1 '27 estimate $0.67 Q2 '27 estimate $0.73 Q3 '27 estimate $0.91
Show less

Analyst Consensus ?

ConsensusBuy12 ratings
Bullish758.3%
Neutral541.7%
Bearish00.0%

Analyst 52W Price Targets

$27.45Current
$18Low
$43.8Average
$60High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 31, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
RBC Capital Outperform OutperformMaintainSep 16, 2026
B of A Securities Buy BuyMaintainJul 9, 2026
Jefferies Buy BuyMaintainJul 6, 2026
Scotiabank Sector Outperform Sector OutperformMaintainFeb 6, 2026
Credit Suisse Neutral OutperformDowngradeJan 16, 2020
Show 7 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $27.45. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
RBC CapitalAnalyst unavailable$42$29.68 +53.0%Jul 9, 2026
ScotiabankOvais Habib$60$39.62 +118.6%Feb 6, 2026
ScotiabankOvais Habib$55$44.36 +100.4%Jan 26, 2026
JefferiesFahad Tariq$49$36.08 +78.5%Dec 7, 2025
ScotiabankAnalyst unavailable$50$32.42 +82.1%Oct 23, 2025
See 1 more

Track every rating change on AGI the moment it posts. Free to start.

Start free

Company context

Snapshot as of publication

Alamos Gold Inc. operates as a gold producer in Canada and Mexico. It primarily explores for gold deposits. The company was founded in 2003 and is based in Toronto, Canada.

Historical context

All AGI earnings

Basic Materials peers this season

Latest reports in the same sector

Latest beats and misses

Who reports next

Get the AGI recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Sources

  1. Earnings call transcript and parsed analysis · 2026-07-30T19:06:49.351482+00:00
  2. FN2 earnings calendar · 2026-09-03T01:23:14.877038+00:00
  3. Polygon adjusted daily market bars · 2026-10-31T13:10:44.321534+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-31T13:10:44.318887+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-31. For educational purposes only; not investment advice.