10 Most Profitable Undervalued Stocks to Invest In

7. Alamos Gold Inc. (NYSE:AGI)

TTM Net Income: $1.06 billion

Alamos Gold Inc. (NYSE:AGI) is one of the most profitable undervalued stocks to invest in. On June 18, Alamos Gold issued an operational update for its Young-Davidson and Island Gold operations, revising its second-quarter guidance due to challenges at Young-Davidson. Recent seismic events and power outages caused by storms have limited mining access and resulted in three days of unplanned downtime. Consequently, the company lowered its Q2 production guidance to 130,000–135,000 ounces, a 12% decrease from previous estimates, and expects full-year costs to exceed original projections.

In contrast, the Island Gold District is performing well, with underground mining rates reaching a record 1,500 tonnes per day and the Magino mill throughput averaging ~9,800 tonnes per day in June. The company anticipates stronger production in the second half of the year, driven by this growth, with updated 2026 consolidated guidance to be released in late July.

Additionally, Alamos Gold Inc. (NYSE:AGI) eliminated all remaining 2026 legacy Argonaut gold hedges at a cost of $92.3 million to capture upside from higher gold prices. The company also remains active in its capital return program, having repurchased $30 million in shares under its Normal Course Issuer Bid during May 2026.

Alamos Gold Inc. (NYSE:AGI) is a Canadian-based intermediate gold producer. The company’s operations are divided into the following operations: Young-Davidson, Mulatos, and Island Gold, with the three segments representing its three operating mine sites.