The Globe and Mail reports in its Thursday edition that analysts at National Bank believe the macroeconomic environment supports precious metal prices due to ongoing political uncertainty, declining real rates, persistent inflation and central banks continuing to be net purchasers. The Globe's David Leeder writes that the National Bank analysts continue to rate Alamos Gold "outperform." The analysts gave their share target a $2.50 boost to $56. Analysts on average target the shares at $52.49. The bank reaffirmed it is bullish on the outlook for prices in the months ahead. National Bank analyst Don DeMarco says in a note, "Slow start to the year has consolidated production (NBCM estimate 584k oz) tracking below the midpoint of the FY25G range of 580-630k oz, however, operating traction improving in Q3/25 with AISC [all-in sustaining costs] expected to rebound 7 per cent lower quarter-over-quarter; and continued derisking at the Magino mill ramp-up." The Globe reported on June 27 that TD Cowen rated Alamos Gold "buy" in new coverage. It was then worth $38.59. The Globe reported on July 10 that Stifel analyst Ralph Profiti had commenced coverage on Alamos Gold with a "buy" recommendation. It was then worth $36.25.