Here’s Why Alamos Gold (AGI) Surged in Q3

Aristotle Capital Boston, LLC, an investment advisor, released its “Small/Mid Cap Equity Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. small/mid-cap equities reported solid results in the third quarter, driven by a favorable macroeconomic backdrop. In the third quarter, the strategy delivered a return of 2.57% net of fees (3.07% gross of fees), underperforming the 9.00% total return of the Russell 2500 Index. For more information on the fund’s best picks in 2025, please check its top five holdings.

In its third-quarter 2025 investor letter, Aristotle Capital Small/Mid Cap Equity Strategy highlighted stocks such as Alamos Gold Inc. (NYSE:AGI). Alamos Gold Inc. (NYSE:AGI) is a gold producer that primarily explores for gold deposits. The one-month return of Alamos Gold Inc. (NYSE:AGI) was -11.37%, and its shares gained 53.11% of their value over the last 52 weeks. On October 31, 2025, Alamos Gold Inc. (NYSE:AGI) stock closed at $30.79 per share, with a market capitalization of $13.01 billion.

Aristotle Capital Small/Mid Cap Equity Strategy stated the following regarding Alamos Gold Inc. (NYSE:AGI) in its third quarter 2025 investor letter:

“Alamos Gold Inc. (NYSE:AGI), engages in the exploration, development, mining and extraction of precious metals. The company benefited from rising gold prices as investors purchased the commodity as an inflation hedge. We maintain our investment as we believe in the company’s lower geopolitical risk profile, solid production growth plan from 600k oz to 1M oz per year over the next five years, and strong operational track record.”

Why Alamos Gold Inc. (AGI) Went Up On Thursday?

Alamos Gold Inc. (NYSE:AGI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 38 hedge fund portfolios held Alamos Gold Inc. (NYSE:AGI) at the end of the second quarter, compared to 50 in the previous quarter. During the third quarter, Alamos Gold Inc. (NYSE:AGI) sold around 136,500 ounces of gold, at an average realized price of $3,359 per ounce, which resulted in record revenues of $462 million. While we acknowledge the risk and potential of Alamos Gold Inc. (NYSE:AGI) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Alamos Gold Inc. (NYSE:AGI) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Alamos Gold Inc. (NYSE:AGI) and shared the list of best gold stocks to buy according to hedge funds. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.