The Globe and Mail reports in its Friday, Nov. 28, edition that Desjardins Securities analyst Bryce Adams began coverage on Alamos Gold with a "buy" recommendation and a $64 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $60.77. Mr. Adams says in a note: "In our view, Alamos Gold provides strong investor appeal for its Canadian growth focus. We acknowledge setbacks from the 3Q25 financial results, including a negative guidance revision and seismic impacts at Island Gold. In our view, these are short-term issues, and Alamos Gold's near-term growth profile will continue to support share price appreciation over the coming years. Alamos Gold's project pipeline provides phased production growth with Island Gold Phase 3 ramping in 2026, Mulatos's PDA project in 2027 and the greenfield Lynn Lake in 2029. We model 69-per-cent gold growth in 2030 vs 2025 production, with most of the growth in Canada. We therefore believe Alamos Gold shares deserve a premium multiple."
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