National Bank analyst Mark Parkin raised the firm’s price target on Alamos Gold to C$30 from C$28 and keeps a Sector Perform rating on the shares. The price target raise follows an updated three-year outlook from Alamos, which incorporated the recently acquired Magino mine into the Island Gold mine complex and the Puerto Del Aire project.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AGI:
- Alamos Gold Projects Significant Production Boost
- Alamos Gold updates three-year production, operating and capital guidance
- Alamos Gold Provides Updated Three-Year Production, Operating and Capital Guidance
- Alamos Gold Announces Strategic Leadership Appointments
- Alamos Gold Shines in TSX30 Top Performers List