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Investors often turn to the best gold stocks to buy as a traditional hedge against inflation. Gold has been a timeless symbol of wealth preservation, and has been on a tear this year.
Alamos Gold: The Argonaut Gold Acquisition Will Boost Production And Deliver Substantial Synergies
Alamos Gold Inc (TSX:AGI, NYSE:AGI) has been upgraded by analysts at Bank of America Securities following its acquisition of smaller rival Argonaut Gold Inc (TSX:AR) amid a more bullish gold price environment. The analysts upgraded their rating on Alamos from ‘Neutral' to ‘Buy' and upped their price target from C$21.75 (US$15.75) to C$27.25 (US$20).
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its first quarter 2024 financial results after market close on Wednesday, April 24, 2024. Senior management will host a conference call on Thursday, April 25, 2024 at 11:00 am ET to discuss the results. The Company will hold its 2024 Annual General and Special Meeting of Shareholders (the “Annual Meeting”) on Thursday, May 23, 2024.
Alamos Gold (AGI) to buy its peer Argonaut for $325 million to increase its gold production.
Alamos Gold Inc (TSX:AGI, NYSE:AGI) announced that it will be acquiring rival Argonaut Gold Inc (TSX:AR) in a US$325 million all-stock deal which will create one of the largest gold mines in Canada. Alamos' Island Gold Mine in Ontario is located next to Argonaut's Magino mine.
(Kitco News) - Alamos Gold really hit its stride this decade, said John McCluskey, president and CEO.
TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its fourth quarter and year-end 2023 financial results after market close on Wednesday, February 21, 2024. Senior management will host a conference call on Thursday, February 22, 2024 at 10:00 am ET to discuss the results.
Alamos Gold (AGI) signs a definitive agreement to acquire Orford to add high-prospective projects to its portfolio.
Orford Mining (TSX-V:ORM) Corp shares shot up 100% to $0.09 on Monday after the Quebec-focused gold and critical mineral explorer announced that it has agreed to be acquired by Alamos Gold Inc (TSX:AGI, NYSE:AGI) in an all-stock deal valued at approximately C$24 million, or about C$0.10 per Orford share. Orford Mining shareholders will receive 0.005588 of an Alamos common share for each Orford Share held.