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Scotiabank Sticks to Their Buy Rating for Alamos Gold (AGI)

Tipranks - Tipranks - Fri Jan 30, 7:44AM CST

Scotiabank analyst Ovais Habib maintained a Buy rating on Alamos Gold today and set a price target of $55.00.

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Habib covers the Basic Materials sector, focusing on stocks such as Alamos Gold, Thesis Gold Inc, and First Majestic Silver. According to TipRanks, Habib has an average return of 16.8% and a 54.19% success rate on recommended stocks.

In a report released today, TipRanks – xAI also reiterated a Buy rating on the stock with a C$67.00 price target.

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Based on Alamos Gold’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$457.17 million and a net profit of C$273.24 million. In comparison, last year the company earned a revenue of C$360.9 million and had a net profit of C$84.5 million

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