Alamos Gold Inc. saw a price increase of 3.17%, reaching a 52-week high. This movement comes amid broader market strength, with the Nasdaq-100 up 0.38% and the S&P 500 up 0.47%.
The surge is attributed to Alamos Gold receiving TSX approval for a stock repurchase initiative, allowing the company to buy back up to 18.58 million Class A common shares, which is 5% of its public float. This buyback program is set to last for 12 months, starting from December 24, 2025. The previous buyback program saw the company repurchase 1.33 million shares for C$54.4 million, indicating strong shareholder value initiatives.
This buyback initiative reflects the company's confidence in its valuation and growth prospects, as Alamos Gold is recognized as a top-quality gold miner trading below fair value.
Wall Street analysts forecast AGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AGI is 45.55 USD with a low forecast of 39.59 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
Wall Street analysts forecast AGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AGI is 45.55 USD with a low forecast of 39.59 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 44.430
Low
39.59
Averages
45.55
High
50.00
Current: 44.430
Low
39.59
Averages
45.55
High
50.00
Scotiabank
Ovais Habib
Outperform
maintain
$50 -> $55
2026-01-26
New
Reason
Scotiabank
Ovais Habib
Price Target
$50 -> $55
AI Analysis
2026-01-26
New
maintain
Outperform
Reason
Scotiabank analyst Ovais Habib raised the firm's price target on Alamos Gold to $55 from $50 and keeps an Outperform rating on the shares. The firm is updating its price targets for Gold & Precious Minerals stocks under its coverage, the analyst tells investors. The firm has increased both gold and silver forecasts, supported by economic and geopolitical uncertainty as well as strong central bank buying.
BofA
Buy
maintain
$44 -> $47
2026-01-19
Reason
BofA
Price Target
$44 -> $47
2026-01-19
maintain
Buy
Reason
BofA raised the firm's price target on Alamos Gold to $47 from $44 and keeps a Buy rating on the shares. The firm raise increased targets across the North American precious metals group. Many of the macro drivers that pushed gold prices higher "have intensified," the analyst tells investors in a research note. BofA expects company capital returns in Q4 to be strong.
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Desjardins
NULL -> Buy
initiated
$64
2025-11-27
Reason
Desjardins
Price Target
$64
2025-11-27
initiated
NULL -> Buy
Reason
Desjardins initiated coverage of Alamos Gold with a Buy rating and C$64 price target.
BofA
Buy
maintain
$43
2025-11-24
Reason
BofA
Price Target
$43
2025-11-24
maintain
Buy
Reason
BofA raised the firm's price target on Alamos Gold to $43 from $40.50 and keeps a Buy rating on the shares. The firm is refreshing its price forecasts for North American Metals & Mining stocks under its coverage, the analyst tells investors. The firm sees the macro backdrop as challenging due to China's slowing commodity demand but notes this may be offset by a rebound in demand in U.S. and Europe.
About AGI
Alamos Gold Inc. is a Canadian intermediate gold producer with diversified production from three operations in North America. This includes the Island Gold District and Young-Davidson mine in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the Company has a portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. The Island Gold District is located just east of the town of Dubreuilville, 83 kilometers northeast of Wawa in Northern Ontario. The Young-Davidson Mine is in northern Ontario, Canada, centrally located between Timmins, Kirkland Lake, North Bay, and Sudbury. The Mulatos district is in the Sierra Madre Occidental Mountain range in the east-central portion of the State of Sonora, Mexico. The Lynn Lake project is in northern Manitoba and consists of two primary sites, MacLellan and Gordon. Its other project is Qiqavik Gold Project.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.