Analysts Respond Positively To Alamos Gold’s (AGI) Island Gold District Expansion Study

Alamos Gold Inc. (NYSE:AGI) is one of the 10 undervalued growth stocks for the next 5 years. Scotiabank analyst Ovais Habib raised Alamos Gold’s (NYSE:AGI) price target from $55 to $60 on February 6. This development comes after the company reported results from its Island Gold District (IGD) Expansion Study on February 3, highlighting a major growth initiative expected to significantly improve the company’s long-term growth outlook. The study shows a 30% increase in mineral reserves and an expansion of th ...