There is an ocean of listed stocks and its impossible for an investor to have all quality names in the portfolio. Often, there are fundamentally strong stores that are under-the-radar.
Production exceeds guidance driving record quarterly revenues and strong ongoing free cash flow Production exceeds guidance driving record quarterly revenues and strong ongoing free cash flow
Alamos Gold Inc (TSX:AGI, NYSE:AGI) has been upgraded by analysts at Bank of America Securities following its acquisition of smaller rival Argonaut Gold Inc (TSX:AR) amid a more bullish gold price environment. The analysts upgraded their rating on Alamos from ‘Neutral' to ‘Buy' and upped their price target from C$21.75 (US$15.75) to C$27.25 (US$20).
TORONTO, April 04, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (“Alamos”) (TSX:AGI; NYSE:AGI) and Argonaut Gold Inc. (“Argonaut”) (TSX:AR) today announced the closing of their previously announced non-brokered private placement, pursuant to which Alamos subscribed (the “Private Placement”) for 174,825,175 common shares of Argonaut (the “Acquired Shares”), representing approximately 13.8% of Argon...
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported the completion of the previously announced acquisition (the “Transaction”) of all the issued and outstanding common shares of Orford Mining Corporation (TSXV:ORM) (“Orford Mining”). A Final Order was granted by the Ontario Superior Court of Justice on April 2, 2024 approvi...
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its first quarter 2024 financial results after market close on Wednesday, April 24, 2024. Senior management will host a conference call on Thursday, April 25, 2024 at 11:00 am ET to discuss the results. The Company will hold its 2024 Annual General and Special Meeting of...
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