Alamos Gold Inc. (NYSE:AGI) is rated as one of the Best Gold Mining Companies to Buy Now by RBC Capital, maintaining a price target of $34. The company posted record revenue of $438 million in Q2 FY2025, with a total gold production of 137,000 ounces at an average realized gold price of $3,223 per ounce.

RBC Capital retains a Buy rating on AGI stock following strong Q2 results. The company reduced its all-in sustaining costs by 18% compared to Q1, with further cost reductions expected. Alamos Gold’s Island Gold District is projected to become one of Canada’s largest, low-cost, and most profitable gold mines, positioning the company for future success.

Alamos Gold Inc. (NYSE:AGI) operates gold mines in Canada, Mexico, and the U.S., primarily focusing on gold deposits. While AGI shows investment potential, some AI stocks may offer greater upside with less downside risk. Investors seeking undervalued AI stocks can explore opportunities that benefit from Trump-era tariffs and the onshoring trend.

Read more at Yahoo Finance: RBC Capital Reiterates Buy Rating on Alamos Gold Stock, Maintains PT at $34