Alamos Gold Keeps Outperform Rating Despite $470 Million Turkish Asset Sale

RBC maintained an "Outperform" rating for Alamos Gold with a US$40 target price after the company's $470 million Turkish asset sale. Alamos Gold is an intermediate gold producer with three operations in North America and a portfolio of growth projects. The sale is expected to enhance the company's liquidity and support its growth plans.

Alamos Gold Inc. (TSX: AGI; NYSE: AGI) has executed a significant strategic move by selling its Turkish subsidiary, Doğu Biga Madencilik, to Tümad Madencilik for $470 million. The sale, announced on September 14, 2025, is set to provide the company with substantial liquidity to support its growth initiatives and reduce debt Alamos Gold (AGI) Sells Turkish Assets in $470 Million Deal^[1].

The transaction involves three installment payments over two years, with $160 million paid at closing, another $160 million after one year, and the final $150 million a year later. These payments are secured by bank guarantees from investment-grade institutions, ensuring the full value of $470 million is realized within two years Alamos Gold to $470 Million Sale of Turkish Development Business^[2].

Alamos Gold plans to use the proceeds from this sale to fund its North American growth projects, including the Phase 3+ Expansion at Island Gold District, Lynn Lake Project, and Puerto Del Aire project in Mexico. Additionally, the company expects to use the funds to reduce existing debt obligations Alamos Gold Announces the Sale of its Turkish Development Projects for Total Cash Consideration of $470 million^[3].

Wall Street analysts remain optimistic about Alamos Gold's future prospects. Six analysts have set a one-year average price target of $35.10, suggesting a potential upside of 6.48% from the current share price of $32.96. The consensus brokerage recommendation is "Outperform," reflecting a positive sentiment on the stock's performance potential Alamos Gold (AGI) Sells Turkish Assets in $470 Million Deal^[1].

RBC has maintained an "Outperform" rating for Alamos Gold with a US$40 target price following this sale. The investment bank believes the transaction will enhance the company's liquidity and support its growth plans, positioning Alamos Gold as a strong player in the intermediate gold producer sector .