01:09:51 EDT Tue 15 Jul 2025
Enter Symbol
or Name
USA
CA



Alamos Gold Inc
Symbol AGI
Shares Issued 420,408,121
Close 2025-07-09 C$ 36.25
Market Cap C$ 15,239,794,386
Recent Sedar Documents

Globe says Alamos Gold maintained at "buy"

2025-07-10 06:39 ET - In the News

The Globe and Mail reports in its Thursday, July 10, edition that Stifel analyst Ralph Profiti commenced coverage on Alamos Gold with a "buy" recommendation. The Globe's David Leeder writes in the Eye On Equities column that Mr. Profiti continues to target the shares at $46. Analysts on average target the shares at $49.11. Mr. Profiti says in a note: "Alamos is poised for significant growth underpinned by a path to 900Koz of annual gold production by 2028, a 24-per-cent increase over the three year average (2025 2027) guidance driven by organic growth in core assets, YoungDavidson and Island Gold [plus] Magino mines in Canada and Mulatos in Mexico, including production rising from 567Koz in 2024 to 580-630Koz in 2025, 630-680Koz in 2026 and 680-730Koz in 2027. Further production growth from the Lynn Lake project with first production in H1/28 is underpinned by strong operating cash flow and a debt-free balance sheet for fully funded growth, positioning Alamos as an undervalued, highly differentiated, growth-oriented intermediate (0.5-2.0Moz) gold producer." The Globe reported on June 27 that TD Cowen analyst John Mould rated Alamos Gold "buy" in new coverage. The shares were then going for $38.59.

© 2025 Canjex Publishing Ltd. All rights reserved.