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

18.53

Mkt cap

7.9B

Volume

1.9M

High

18.83

P/E Ratio

31.32

52-wk high

21.45

Low

18.31

Div yield

0.01

52-wk low

11.24

Gold stocks are experiencing a rise in share prices following the Federal Reserve's decision to cut interest rates by 50 basis points, which has positively influenced overall market sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 6:08 pm

Precious metals stocks are experiencing a rise as gold and silver prices increase due to a decline in the US dollar, influenced by recent economic data.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 3:20 pm

Alamos Gold has updated its three-year production and operating guidance, projecting significant increases in gold production due to the Magino mine and expansions at Island Gold.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 9:11 pm

Precious metals stocks are experiencing a rise in share prices as gold and silver prices increase due to a decline in the US dollar following recent inflation data.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:40 pm

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

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