5 Best Mineral Stocks To Buy Now

Page 1 of 5

In this article, we discuss 5 best mineral stocks to buy now. If you want to see more stocks in this selection, check out 11 Best Mineral Stocks To Buy Now

Follow Freeport-Mcmoran Inc (NYSE:FCX)

5. Alamos Gold Inc. (NYSE:AGI)

Number of Hedge Fund Holders: 19

Alamos Gold Inc. (NYSE:AGI) is a Toronto-based multinational gold producer. The company owns and operates three mines, including the Young-Davidson Mine and the Island Gold Mine in Ontario, and the Mulatos Mine in Sonora, Mexico. On October 26, the company reported a Q3 non-GAAP EPS of $0.07, in line with market consensus. The revenue came in at $213.6 million, up 7.9% year-over-year, beating Wall Street estimates by $2.8 million. The company reported that the third quarter of 2022 marked the highest production in nearly two years. Alamos Gold Inc. (NYSE:AGI) is one of the best mineral stocks to invest in. 

On October 13, National Bank analyst Mark Parkin raised the price target on Alamos Gold Inc. (NYSE:AGI) to C$13 from C$12.50 and maintained an Outperform rating on the shares.

According to Insider Monkey’s data, 19 hedge funds were bullish on Alamos Gold Inc. (NYSE:AGI) at the end of June 2022, compared to 21 funds in the prior quarter. Jean-Marie Eveillard’s First Eagle Investment Management is the leading position holder in the company, with nearly 12 million shares worth $83.5 million. 

Follow Alamos Gold Inc (NYSE:AGI)

Page 1 of 5