BMO Capital Cuts PT on Alamos Gold (AGI) – Here’s Why

3 hours ago 3

Noor Ul Ain Rehman

Wed, June 24, 2026 astatine 7:17 AM CDT 2 min read

Alamos Gold Inc. (NYSE:AGI) is 1 of the apical inexpensive maturation stocks to get rich. BMO Capital chopped the terms people connected Alamos Gold Inc. (NYSE:AGI) to C$73 from C$79 connected June 19 and maintained an Outperform standing connected the shares. The steadfast told investors successful a probe enactment that the institution provided an operational update, noting that 2 seismic events occurred astatine Young-Davidson, with 1 astatine an progressive mining front. BMP believes that Alamos Gold Inc. (NYSE:AGI) present sees reduced mining rates passim the remainder of 2026.

Why Alamos Gold Inc. (AGI) Went Up On Thursday?

Why Alamos Gold Inc. (AGI) Went Up On Thursday?

For reference, successful its fiscal results for fiscal Q1 2026, Alamos Gold Inc. (NYSE:AGI) reported that it produced 123,900 ounces of golden successful the quarter, successful enactment with quarterly guidance, with coagulated results from the Island Gold District offsetting little than planned accumulation astatine Young-Davidson. The institution expects accumulation to summation successful Q2, on with further maturation successful H2 2026, putting Alamos Gold Inc. (NYSE:AGI) connected way to attain full-year accumulation guidance.

Management further reported that the institution sold 121,924 ounces of golden astatine an mean realized terms of $4,829 per ounce, which generated grounds quarterly revenues of $596.7 million, including metallic sales. This reflects a 79% maturation from fiscal Q1 2025 and marks the 4th consecutive 4th of grounds revenues.

Alamos Gold Inc. (NYSE:AGI) is simply a Canadian-based intermediate golden producer. The company's operations are divided into the pursuing segments: Young-Davidson, Mulatos, and Island Gold, with the 3 segments representing its 3 operating excavation sites.

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