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Alamos Gold Inc. (NYSE:AGI) is one of the 13 Best Gold Mining Companies to Invest In Now. On December 10, RBC Capital increased its price target on Alamos Gold Inc. (NYSE:AGI) from $44 to $50 and reiterated a Buy rating.
Earlier, on December 7, Jefferies also raised its price target on Alamos Gold Inc. (NYSE:AGI) from $39 to $49 and kept its Buy rating. The research firm believes gold mining companies are heading into 2026 with one of the strongest environments seen in recent years. Jefferies analyst Fahad Tariq said the firm remains positive on gold stocks in 2026 due to “attractive valuations,” even though it holds a neutral view on gold. He noted that gold companies are expected to grow margins and generate more free cash flow year-over-year in 2026, with no major cost inflation showing so far.
Tariq also described the industry as being “extremely healthy,” highlighting strong balance sheets, solid margins, and rising dividends and buybacks.
Looking ahead to 2026, Jefferies expects modest cost pressures, possible adjustments in reserve grades, and increased merger and acquisition activity as cash levels grow. The firm sees Alamos Gold Inc. (NYSE:AGI) as a catch-up opportunity, noting that the company has “the highest quality portfolio among mid-cap gold miners.”
Alamos Gold Inc. (NYSE:AGI) is a Canadian intermediate gold-producing company with operations in North America.
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Disclosure: None. This article is originally published at Insider Monkey.