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RBC Keeps Outperform on Alamos Gold With US$40 Target After $470 Million Turkish Asset Sale
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RBC Keeps Outperform on Alamos Gold With US$40 Target After $470 Million Turkish Asset Sale
Sep 15, 2025 6:39 PM

11:06 AM EDT, 09/15/2025 (MT Newswires) -- RBC Capital Markets Monday maintained its outperform rating and US$40 price target on Alamos Gold ( AGI ) after the company's $470 million sale of its Turkish assets.

RBC said the sale ends Alamos' dispute with Turkey, which it described as a distraction.

Investors should now focus on the company's growth from its Island District operations in Canada in 2026-27, the bank said.

"AGI remains positioned to grow, with a high-quality portfolio of long-life assets primarily in Canada justifying the premium valuation vs. midcap peers," RBC said.

Alamos' share price gained 1.9% at last look to $33.57 on the NYSE.

Price: 46.45, Change: +0.82, Percent Change: +1.80

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