Reported about 11 hours ago
National Bank has raised its price target for Alamos Gold Inc (NYSE:AGI) from C$51 to C$53.50 while maintaining an Outperform rating. This adjustment follows the company's strong Q2 2025 results, showcasing a 10% production increase and significant cost savings, resulting in a record free cash flow of $85 million. Management anticipates continued production growth due to improved ore grades in the latter half of the year.
Source: YAHOO