BMO Capital Cuts PT on Alamos Gold (AGI) – Here’s Why
Key takeaways
- BMO Capital Cuts PT on Alamos Gold (AGI) – Here’s Why Noor Ul Ain Rehman Wed, June 24, 2026 at 7:17 PM GMT+7 2 min read AGI Alamos Gold Inc.
- For reference, in its financial results for fiscal Q1 2026, Alamos Gold Inc.
- Management further reported that the company sold 121,924 ounces of gold at an average realized price of $4,829 per ounce, which generated record quarterly revenues of $596.7 million, including silver sales.
BMO Capital Cuts PT on Alamos Gold (AGI) – Here’s Why Noor Ul Ain Rehman Wed, June 24, 2026 at 7:17 PM GMT+7 2 min read AGI Alamos Gold Inc. (NYSE:AGI) is one of the top cheap growth stocks to get rich. BMO Capital cut the price target on Alamos Gold Inc. (NYSE:AGI) to C$73 from C$79 on June 19 and maintained an Outperform rating on the shares. The firm told investors in a research note that the company provided an operational update, noting that two seismic events occurred at Young-Davidson, with one at an active mining front. BMP believes that Alamos Gold Inc. (NYSE:AGI) now sees reduced mining rates throughout the remainder of 2026.
For reference, in its financial results for fiscal Q1 2026, Alamos Gold Inc. (NYSE:AGI) reported that it produced 123,900 ounces of gold in the quarter, in line with quarterly guidance, with solid results from the Island Gold District offsetting lower than planned production at Young-Davidson. The company expects production to increase in Q2, along with additional growth in H2 2026, putting Alamos Gold Inc. (NYSE:AGI) on track to attain full-year production guidance.
Management further reported that the company sold 121,924 ounces of gold at an average realized price of $4,829 per ounce, which generated record quarterly revenues of $596.7 million, including silver sales. This reflects a 79% growth from fiscal Q1 2025 and marks the fourth consecutive quarter of record revenues.