Alamos Gold (AGI) Projects 2026 Gold Production Between 570K-650K Ounces
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowAlamos Gold Inc. (AGI) announced it expects gold production in 2026 to range between 570,000 and 650,000 ounces, with capital expenditures estimated at $910 million to $1 billion. For Q1, the company reported revenue of $596.7 million, surpassing analyst estimates of $588.53 million, alongside production of 123,900 ounces of gold. Additionally, Canaccord raised AGI’s price target to C$80 from C$72, maintaining a Buy rating based on record EBITDA and improving operational performance. Management anticipates a 20% increase in second-quarter production, enhancing profitability as gold prices remain favorable.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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