Alamos Gold drops 3% as Scotiabank trims FY2026 EPS ahead of April 29 earnings
Alamos Gold (AGI) fell about 3% to $43.69 as investors reacted to a fresh Scotiabank cut to FY2026 EPS estimates and broader de-risking ahead of the company’s Q1 2026 results. The stock is also tracking softer precious-metals sentiment into late April with traders reducing exposure before the April 29 earnings release and April 30 conference call.
1. What’s moving the stock
Alamos Gold shares slid Monday (April 27, 2026), with the move tied to a negative estimate revision hitting the tape and a cautious setup into near-term catalysts. Scotiabank lowered its FY2026 EPS forecast for Alamos Gold on April 23, pressuring sentiment after a strong run in the gold-miners complex. (defenseworld.net)
2. The setup into earnings: traders de-risking
The stock is heading into a closely watched reporting window, which can amplify day-to-day volatility as investors reduce exposure and reposition. Alamos is scheduled to report first-quarter 2026 financial results after market close on April 29, 2026, followed by a management conference call on April 30, 2026. (alamosgold.com)
3. What investors will watch next
With the share price reacting to estimate pressure and pre-earnings positioning, the next directional driver is likely to be Q1 results and any commentary on production and cost trends. Investors are focused on whether Alamos can show improving operational momentum versus the challenges highlighted in its most recent annual results update, where it reported higher costs and lower-than-planned production in 2025 due to operational issues at Canadian mines. (alamosgold.com)