TD Securities Trims Price Target on Alamos Gold (AGI) but Keeps Buy Rating

Core Insights - Alamos Gold Inc. (NYSE:AGI) is recognized as one of the 13 Best Canadian Dividend Stocks to Buy and Hold for the Long Term [1] - TD Securities has reduced the price target for Alamos Gold to C$55 from C$56 while maintaining a Buy rating [2] Financial Performance - In Q3 2025, Alamos Gold sold 136,473 ounces of gold at an average realized price of $3,359 per ounce, resulting in record quarterly revenue of $462.3 million [3] - Gold production increased to 141,700 ounces, a 3% rise from the previous quarter, with improved results from both the Mulatos mine and the Island Gold District [3] - The company achieved record free cash flow of $130.3 million while continuing to invest in its growth pipeline [3] Operational Highlights - Operating cash flow reached an all-time high of $265.3 million, reflecting a 33% increase from Q2, driven by higher gold prices and lower costs [4] - Management anticipates a production increase of approximately 18% in Q4, projecting output between 157,000 and 177,000 ounces, marking the strongest quarter of the year [4] Company Overview - Alamos Gold Inc. is a North American gold producer based in Canada, operating three diversified mining operations in the region [5]