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Alamos Gold (AGI) Soars 6% to Record High on Gold Price Surge
Generated by AI AgentAinvest Movers Radar
Thursday, Apr 10, 2025 6:40 pm ET1min read
Alamos Gold (AGI) surged 5.39% today, marking its second consecutive day of gains, with a total increase of 14.16% over the past two days. The share price reached a record high, with an intraday gain of 7.27%.
Alamos Gold Inc. has seen a notable increase in its stock price, rising by 26% over the past three months. This upward trend reflects the company's strong performance and investor confidence in its future prospects.
On April 9,
Inc. (AGI) experienced a significant surge, with shares jumping 6.61% during mid-day trading. This increase was driven by positive market sentiment and the company's strong fundamentals.Analysts have expressed bullish sentiments towards Alamos Gold, with Dalton Baretto from Canaccord Genuity maintaining a Buy rating and setting a price target of C$44.00 as of April 7. This endorsement from analysts further boosts investor confidence in the company's stock.
On April 7, Alamos Gold (AGI) jumped 6% to a record high, possibly influenced by gold prices reaching a record high amidst ongoing tariff concerns. This surge in gold prices has had a positive impact on Alamos Gold's stock, as the company benefits from higher gold prices.
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