National Bank Raised the Firm’s PT on Alamos Gold (AGI), Kept an Outperform Rating

Alamos Gold Inc (NYSE:AGI) is one of the Best Performing Canadian Stocks So Far in 2025. On August 5, National Bank raised the firm’s price target on Alamos Gold Inc (NYSE:AGI) from C$51 to C$53.50, while maintaining an Outperform rating on the stock.

The rating follows the company’s second quarter 2025 results. Alamos Gold Inc (NYSE:AGI) reported robust results with production increasing 10% from the previous quarter and meeting company guidance. In addition to a production increase, the all-in sustaining cost also dropped by 18% leading to a record free cash flow generation of $85 million.

National Bank Raised the Firm's PT on Alamos Gold (AGI), Kept an Outperform Rating

Aerial view of a gold mine with equipment mining the earth for resources.

Management continues to expect further production growth in the second half of the year due to higher ore grades and increased milling rates.

Alamos Gold Inc. (NYSE:AGI) is a Canadian gold mining company that produces gold from three main mines in North America, including Island Gold and Young-Davidson in Ontario, Canada, and Mulatos in Mexico.

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