
Alamos Gold (AGI) Stock Forecast & Price Target
Alamos Gold (AGI) Analyst Ratings
Bulls say
Alamos Gold Inc is poised for growth as production increases following the successful completion of the La Yaqui Grande heap leach project, with FY24 guidance reflecting a 13% rise and anticipated production boosts of 22% and 21% in FY25 and FY26 attributed to the inclusion of the Magino Mine. Additionally, the company is expected to realize significant operating savings of approximately $375 million over the mine's lifespan, driven by lower processing costs and decreased general and administrative expenses. The combination of expanding production at several mines, alongside strategic operational efficiencies, supports a favorable outlook for Alamos Gold's financial performance in the coming years.
Bears say
Alamos Gold Inc. faces a negative outlook primarily due to anticipated increases in aggregate costs driven by higher production expenses at the Magino mine, which is expected to affect the company's overall cost structure. While there is a forecast for a decline in all-in sustaining costs (AISC) from $1,380/oz in 2024 to as low as $1,261/oz by 2027, this improvement is contingent upon successful expansions and is overshadowed by the immediate rising costs. Additionally, despite projections of long-term cost reductions post-2026, the short-term cost pressures could undermine profitability and operational efficiency in the coming years.
This aggregate rating is based on analysts' research of Alamos Gold and is not a guaranteed prediction by Public.com or investment advice.
Alamos Gold (AGI) Analyst Forecast & Price Prediction
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