Alamos Gold traded at 56.26 this Thursday March 26th, decreasing 1.63 or 2.82 percent since the previous trading session. Looking back, over the last four weeks, Alamos Gold lost 23.90 percent. Over the last 12 months, its price rose by 47.20 percent. Looking ahead, we forecast Alamos Gold to be priced at 56.43 by the end of this quarter and at 52.27 in one year, according to Trading Economics global macro models projections and analysts expectations.
Alamos Gold Inc. is a Canada-based gold producer. The Company owns and operates the Young-Davidson and Island Gold mines in Canada, as well as the Mulatos mine in Mexico. In addition, the Company owns the Lynn Lake gold project in Manitoba, the Esperanza gold project in Mexico and the Kirazl, Ag Dag and amyurt gold development projects in Turkey. The Young-Davidson gold mine is Canada’s underground gold mines. The Young-Davidson gold mine is located near the town of Matachewan, approximately 60 kilometers west of Kirkland Lake in Northern Ontario, within the Abitibi Greenstone Belt. Island Gold mine is located east of the town of Dubreuilville, approximately 83 kilometers northeast of Wawa in Northern Ontario. The Mulatos mine is the Company’s founding operation, which is located in the Sierra Madre Occidental mountain range in the east-central portion of the State of Sonora, Mexico. The mine is approximately 220 kilometers directly east of the City of Hermosillo.