Streetbeat News

AGI

Alamos Gold Inc.

https://www.alamosgold.com

Industry

Gold

Alamos gold holding oorperatief u.a. operates as a subsidiary of Alamos Gold Inc.

Open

19.51

Mkt cap

8.1B

Volume

2.2M

High

19.76

P/E Ratio

32.30

52-wk high

21.45

Low

19.05

Div yield

0.01

52-wk low

11.24

Alamos Gold (NYSE:AGI) has significantly outperformed the market over the past 5 years, with an average annual return of 23.21%, surpassing the market by 10.2% annually. A $100 investment in AGI 5 years ago would now be worth $283.49.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 9:00 pm

Alamos Gold has announced a high-return development plan for the Puerto Del Aire (PDA) project, with a 46% after-tax IRR and significant exploration upside. The project aims to produce an average of 127,000 ounces of gold annually over the first four years, with low costs and a mine life extended to 2035. The project is expected to be internally funded and has a low execution risk due to its location within existing operations.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 7:27 am

Alamos Gold (NYSE:AGI) has significantly outperformed the market over the past 5 years, with an annualized return of 21.55%. A $1000 investment in AGI 5 years ago would now be worth $2,653.42, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 7:30 pm

Scotiabank analyst Ovais Habib has maintained a Sector Outperform rating on Alamos Gold (NYSE:AGI) and raised the price target from $20 to $22.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 3:44 pm

Gold mining companies are increasing M&A activity due to high gold prices, which boost their free cash flow. Gold Fields plans to acquire Osisko Mining for $1.57 billion, and Newmont is selling several mines to pay down debt. The VanEck Gold Miners ETF rose 3.08% amid record gold prices. Copper is also becoming a significant focus for gold miners.

Portfolio Pulse from Matt Whittaker

August 16, 2024 | 7:44 pm

Alamos Gold (NYSE:AGI) has significantly outperformed the market over the past 5 years, delivering an average annual return of 20.72%. An initial investment of $100 in AGI 5 years ago would now be worth $263.70. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 2:02 pm

Alamos Gold has announced that it remains well-positioned to achieve its full-year guidance and expects significant production growth at declining costs over the next several years.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:46 pm

Alamos Gold (NYSE:AGI) reported Q2 2024 adjusted EPS of $0.24, beating the $0.18 estimate, and sales of $332.6M, surpassing the $268.984M estimate. This represents a 60% increase in EPS and a 27.43% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:02 pm

Alamos Gold (NYSE:AGI) has outperformed the market over the past 5 years, delivering an average annual return of 18.32%. A $100 investment in AGI 5 years ago would be worth $231.22 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 3:31 pm

Shares of precious metals stocks are trading lower as gold and silver prices fall amid a rise in the dollar.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:42 pm

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