11 Best Mineral Stocks to Buy According to Hedge Funds

4. Alamos Gold Inc. (NYSE:AGI)          

Number of Hedge Funds: 50

Due to strong hedge fund interest, Alamos Gold Inc. (NYSE:AGI) is among the 11 Best Mineral Stocks to Buy According to Hedge Funds.

The company’s outlook remains mixed among investors, while AGI’s shares are up 42.34% year-to-date. On July 16, 2025, National Bank decreased its price target on Alamos Gold Inc. (NYSE:AGI) from $38.18 to $37.27, maintaining an ‘Outperform’ rating. Meanwhile, on July 21, 2025, Stifel increased its price target on the company from $33.61 to $35.08, maintaining a ‘Buy’ rating.

These updates follow the company’s mixed performance in Q1 2025, during which Alamos Gold Inc. (NYSE:AGI) experienced cost pressures. The company’s total cash cost rose to $1,193 per ounce (vs. $910 in Q1 2024) and all-in sustaining costs (AISC) increased to $1,805 per ounce (vs. $1,265). Meanwhile, its profitability and revenue demonstrated stable growth.

Operating in Canada, Mexico, and the United States, Alamos Gold Inc. (NYSE:AGI) is a gold-producing company. It is included in our list of the Best Material Stocks.