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The latest update is out from Alamos Gold ( (TSE:AGI) ).
Alamos Gold Inc. has announced significant progress in its exploration drilling at the Island Gold Mine, discovering high-grade mineralization across the Island Gold Deposit and in new hanging wall and footwall zones. This ongoing success is expected to result in another year of growth in Mineral Reserves and Resources, marking the ninth consecutive year of such expansion, with continued potential for growth in the future.
More about Alamos Gold
Alamos Gold Inc. is a Canadian-based company operating in the gold mining industry, with a focus on high-grade gold deposits. The company is known for its operations at the Island Gold Mine, which is recognized as one of the highest-grade and fastest-growing gold deposits globally.
YTD Price Performance: 1.30%
Average Trading Volume: 2,332,076
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.2B
For a thorough assessment of AGI stock, go to TipRanks’ Stock Analysis page.