Alamos Gold Inc. (NYSE:AGI) is one of the most undervalued Canadian stocks to buy according to hedge funds. On February 4, CIBC analyst Cosmos Chiu increased the price target for Alamos Gold to C$80 from C$74 with an Outperformer rating. This adjustment was made as part of a broader increase across the precious metals group following CIBC’s decision to raise gold price forecasts to $6,000 per ounce in 2026 and $6,500 in 2027, alongside higher copper price assumptions. Chiu noted that while demand drivers ...

Company Overview - Alamos Gold (AGI) is a North American gold mining company with operations in Mexico and Canada, specifically in the Mulatos District, which is projected to produce between 100,000 to 150,000 ounces of gold [2]. Investment Strategy - The investment strategy focuses on turnarounds in natural resource industries, emphasizing value to provide downside protection while allowing for significant upside participation [1]. - The portfolio has achieved a compounded annual growth rate of 38% over the last 7 years, indicating strong performance in the sector [1]. Market Conditions - The current focus on natural resource industries is driven by monetary and fiscal policies, underinvestment, and attractive valuations, which present opportunities for investors [2]. - The investing group aims to identify companies with quality characteristics that are trading at depressed valuations, minimizing the risk of extreme drawdowns common in natural resource investing [2].

Alamos Gold (NYSE:AGI) 2026 Investor Day February 04, 2026 08:30 AM ET Company ParticipantsAustin Hemphill - General Manager of Island Gold DistrictChris Bostwick - SVP of Technical ServicesFrancesco Costanzo - Associate Director and Equity ResearchGreg Fisher - CFOJohn Goldsmith - Head of Canadian EquitiesJohn McCluskey - President and CEOLuc Guimond - COOSathish Kasinathan - VPScott Parsons - SVP of Corporate Development and Investor RelationsScott R.G. Parsons - VP of ExplorationConference Call Participa ...

Alamos Gold 2026 Investor Day F e b r u a r y 4 , 2 0 2 6 Cautionary notes This presentation, the information contained herein, any other materials provided in connection with this presentation and any oral remarks accompanying this presentation (collectively, the "Presentation"), has been prepared by Alamos Gold Inc. ("Alamos" or the "Company") solely for information purposes. No stock exchange, securities commission or other regulatory authority has approved or disapproved the contained information. This ...

Further production growth to one million ounces annually expected by 2030 through development of Lynn Lake and the Island Gold District ExpansionAll amounts are in United States dollars, unless otherwise stated. TORONTO, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) provided updated three-year production and operating guidance. The Company also outlined longer term production guidance of approximately one million ounces per year by 2030 through the larger ...

All amounts are in United States dollars, unless otherwise stated TORONTO, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported results of the Expansion Study (“IGD Expansion”) completed on the Island Gold District operation, located in Ontario, Canada. Compared to the Base Case Life of Mine Plan (“Base Case LOM”) released in June 2025, the IGD Expansion incorporates a 30% increase in Mineral Reserves, and an expansion of the Magino mill to 20,000 ...

Core Viewpoint - Alamos Gold Inc. has reported significant advancements in its Island Gold District operation, including a 30% increase in Mineral Reserves and an expansion of the Magino mill to 20,000 tonnes per day, which is expected to enhance production and profitability, positioning it as one of Canada's largest and most profitable gold operations [1][2]. Production and Economic Highlights - The IGD Expansion is projected to increase average annual production to 534,000 ounces over the next 10 years, a 27% increase from the Base Case Life of Mine Plan [3][4]. - The total gold production is expected to rise from 5,836,000 ounces in the Base Case to 7,963,000 ounces under the Expansion Study [4]. - Average mine-site all-in sustaining costs (AISC) are anticipated to decrease by approximately 31% to $1,025 per ounce over the initial 10 years post-expansion [3][47]. Mineral Reserves and Resources - The IGD Expansion Study has increased the Proven and Probable Mineral Reserves to 8.3 million ounces, a 30% increase from the previous estimate of 6.3 million ounces [7][19]. - Underground Mineral Reserves have risen by 25% to 5.1 million ounces, while open pit Mineral Reserves increased by 40% to 3.1 million ounces [8][9]. Capital Expenditure - Growth capital for the IGD Expansion is estimated at $542 million, focusing on the Magino mill expansion and accelerated underground development, with total growth capital expected to reach $704 million [55][56]. - The capital for the mill expansion to 20,000 tpd is estimated at $200 million, with significant spending anticipated in 2026 and 2027 [57][58]. Environmental Impact - The IGD Expansion is expected to achieve a 56% reduction in greenhouse gas emissions per ounce produced, further decreasing the emission intensity to 70% lower than the industry average [36][47]. Operational Improvements - The expansion will include enhancements to the Magino mill circuit, such as a new truck dump configuration and a centralized gyratory crusher, aimed at improving processing efficiency and reducing costs [22][40]. - The transition to shaft operations is expected to stabilize costs and improve mining efficiency, with underground mining rates projected to increase to 3,000 tpd by 2029 [23][29]. Financial Projections - The after-tax net present value (NPV) of the IGD Expansion is estimated at $8.2 billion at a long-term gold price of $3,200 per ounce, increasing to $12.2 billion at a price of $4,500 per ounce [13][14]. - The after-tax internal rate of return (IRR) is projected at 53% based on the $3,200 gold price and 69% at $4,500 [14][18]. Summary of Costs - Total cash costs are expected to average $682 per ounce over the initial 10 years post-expansion, reflecting a significant decrease from previous estimates [47][51]. - Open pit mining costs are projected to average C$4.85 per tonne, while underground mining costs are expected to average C$135 per tonne [48][51].

All amounts are in United States dollars, unless otherwise stated TORONTO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from underground and surface drilling at the Island Gold Mine. Exploration drilling continues to extend high-grade gold mineralization across the Island Gold Deposit, as well as within several hanging wall and footwall structures, and delineation drilling continues to support the conversion of high-grade Miner ...

Core Viewpoint - Alamos Gold Inc. has reported significant advancements in its underground exploration program at the Young-Davidson mine, highlighting the extension of high-grade gold mineralization in multiple zones, particularly in the hanging wall and syenite areas, which presents substantial upside potential for the company. Exploration Results - New high-grade gold mineralization has been identified in the South Syenite Zone, located 285 meters south of the Northgate Shaft, an area with limited historical drilling [2] - The Mid-Mine Hanging Wall Zones have shown extended high-grade gold mineralization, discovered in 2024, near existing infrastructure and south of current Mineral Reserves and Resources [2][12] - Expansion drilling in the Young-Davidson syenite continues to extend gold mineralization beyond existing Mineral Reserves and Resources, with notable intercepts including: - 16.36 g/t Au over 17.90 m, including 116.50 g/t Au over 1.00 m [3][11] - 9.15 g/t Au over 22.00 m, including 44.03 g/t Au over 3.00 m [3][15] - 10.12 g/t Au over 17.30 m, including 143.50 g/t Au over 1.00 m [3][16] Financial and Operational Highlights - The exploration spending at Young-Davidson totaled $13.1 million in 2025, with 34,080 meters of drilling across 81 holes, and 448 meters of underground exploration development completed [7][8] - The company has maintained a Mineral Reserve life of at least 13 years since 2011, indicating strong potential for continued resource availability [17] Future Plans - Drilling will continue in 2026 to further expand high-grade mineralization, particularly where it remains open to the east and up/down dip [10] - The focus will remain on extending mineralization within the Young-Davidson syenite and testing higher-grade gold mineralization in the hanging wall [8][9]

Core Insights - Alamos Gold Inc. reported successful results from its 2025 exploration program at the Lynn Lake and Qiqavik Gold projects, indicating potential for increased mineral reserves and resources [1][2] Lynn Lake Project Exploration Highlights - The exploration focused on the Linkwood and Burnt Timber satellite deposits, which are expected to enhance the mine life and production rates of the Lynn Lake project [3][19] - A total of $3.4 million was spent on exploration at Lynn Lake in 2025, with 7,268 meters of drilling completed [13] - Total Mineral Reserves for the Lynn Lake District increased by 42% to 3.3 million ounces grading 1.29 g/t Au [14] - Significant gold intercepts included 21.70 g/t Au over 5.25 m and 27.68 g/t Au over 6.26 m [6][22] Qiqavik Project Exploration Highlights - The 2025 drill program at Qiqavik was the first since its acquisition in 2024, with 72% of the holes reporting gold grades above 1.0 g/t Au [8][37] - The program confirmed the presence of high-grade gold mineralization across multiple targets, indicating significant discovery potential [9][39] - Notable results included 36.10 g/t Au over 0.65 m and 2.06 g/t Au over 14.95 m [10][11] Future Exploration Plans - The 2026 exploration program will focus on further defining the geometry and extent of mineralized structures at both Lynn Lake and Qiqavik projects [43][49] - There is potential for underground mining at the MacLellan and Gordon deposits, which remain open at depth [24][25] Regional Exploration Potential - The Lynn Lake project covers 58,000 hectares with significant exploration potential, including the Maynard and Tulune regional targets [31][32] - The Maynard target has shown promising gold mineralization over a 750 m strike length, while the Tulune discovery has extended broad zones of near-surface gold mineralization over a 2 km strike length [32][33]