Gold prices are soaring, benefiting Alamos Gold; AGI has exceeded earnings estimates and potential growth. positive

From Zacks Investment Research: 2025-03-07 03:16:13

Gold prices are soaring, with gold hitting record highs near $3,000 per ounce. Mining stocks, like Alamos Gold (AGI), are thriving as a result. AGI has exceeded earnings estimates in three of the past four quarters, with analysts raising 2025 EPS estimates by 13.16% in the past 60 days. The Zacks Consensus Estimate for AGI is now $1.29/share, reflecting potential growth of 61.3% relative to last year. The Zacks Mining – Gold industry group currently ranks in the top 27% of industries, indicating potential for further gains in the market.



Read more at Zacks Investment Research: Zacks Investment Ideas feature highlights Alamos – March 7, 2025