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Alamos Gold ( (TSE:AGI) ) has provided an update.
Alamos Gold reported strong exploration drilling results across several targets in the Mulatos District, with high-grade gold mineralization extended beyond existing Mineral Reserves at the Puerto Del Aire (PDA) project and beyond Mineral Resources at Cerro Pelon, while a new discovery at the Halcon target has revealed wide intervals of sulphide-hosted gold. The company plans to build a mill at PDA to process higher-grade sulphide ore, and the emerging sulphide potential at Cerro Pelon, Halcon and other nearby deposits such as La Yaqui Grande is positioned as additional high-grade mill feed, underscoring significant upside to the PDA project and enhancing the long-term growth and resource profile of the Mulatos District as PDA advances toward expected initial production in mid-2027.
The most recent analyst rating on (TSE:AGI) stock is a Buy with a C$47.00 price target. To see the full list of analyst forecasts on Alamos Gold stock, see the TSE:AGI Stock Forecast page.
Spark’s Take on TSE:AGI Stock
According to Spark, TipRanks’ AI Analyst, TSE:AGI is a Outperform.
The score is driven primarily by strong financial performance (high profitability, low leverage, improving returns) and supported by constructive technical trends. It is tempered by a relatively expensive valuation (P/E ~29.7 with a modest dividend) and operational/guidance risks highlighted on the latest earnings call despite record cash generation and strong liquidity.
To see Spark’s full report on TSE:AGI stock, click here.
More about Alamos Gold
Alamos Gold Inc. is a Canadian-based gold producer listed on the TSX and NYSE, focused on exploration, development and operation of gold mines. Within Mexico’s Mulatos District, the company is advancing higher-grade sulphide projects and related milling infrastructure to complement its existing open-pit operations and extend the life and profitability of the district-wide asset base.
Average Trading Volume: 875,674
Technical Sentiment Signal: Buy
Current Market Cap: C$22.91B
See more data about AGI stock on TipRanks’ Stock Analysis page.