Assessing Alamos Gold's Valuation Amid Strong Share Price Momentum

Alamos Gold (TSX:AGI) shares have surged 9% in the past month and 89% over the past year, driven by consistent financial growth and operational progress. The company's fair value is estimated at CA$65.43, suggesting significant upside potential. However, risks such as rising production costs and potential delays at expansion projects could challenge Alamos Gold's growth outlook. Market multiples also signal caution, with a P/E ratio higher than industry and fair ratios.