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Stockchase Opinions

Ross HealyAlamos Gold IncAGI.TOCOMMENTMar 16, 2020

He likes its fundamentals. When gold companies report their earnings, those earnings will really come through. Gold has been a victim of selling, but the gold outlook hasn't changed. Governments are still struggling, and now carry even more debt. We're at a dangerous tipping point of the solvency of the U.S., Europe and Japan..
$5.43

Stock price when the opinion was issued

$41.92

As of Jun 19, 2026. Market Open.

precious metals
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WEAK BUY
AGI vs. FVI

Likes both, but slightly prefers FVI, since it's so deeply out of favour. He's less conscious of political risk than most investors. Both are well run. Both have successfully brought Tier 2 deposits into production on time and on budget with efficient operations. 

HOLD
AGI vs. FVI

Likes both. Down from peak. Lots of exploration work, massively increased high-grade gold reserves. Finding new gold deposits around the globe has been very difficult. So when they double their reserves at home, in Canada, that's even better. Stick with it.

SELL

Strong production growth. Hasn't seen as much takeover activity in the Mexican market where this one is. Likes the cashflow generation. He took profits.

TOP PICK
May be starting to break out of its long sideways trend. Doing lots of exploration within current deposits, has expanded its high quality gold reserves. 1x book value. Yield is 1.13%. (Analysts’ price target is $13.38)
DON'T BUY
Solid. 65% of its value is now in Canada. Its acquisition has borne fruit beyond expectations, and this will help maintain its attractive overall cost structure. Closer to the top tier of its peer group. Due to weak sentiment, he's not been adding gold.
PAST TOP PICK
(A Top Pick Aug 25/21, Up 1%) He continues to hold. It is superb and has much better reserves than Yamana which was taken out. It is cheap and has good exploration potential as well as good development of quality reserves. Inflation will move gold.
DON'T BUY
AGI vs. ABX Agrees that gold is going higher. Doesn't own ABX or AGI. If you believe gold is going higher, do you want the high torque name, or the big diversified large cap? The answer depends on your conviction in the direction of gold. His firm is conservative, so they'd pick ABX. ABX has a better management team and asset base and is more diversified. AGI is more concentrated in 3-4 mines, so the risk is higher.
PAST TOP PICK
(A Top Pick Jul 05/21, Up 13%) Very high quality reserves and the industry really needs more reserves. It is cheap and near its historical book value.
TRADE
A potential amalgamation target. Good free cash flow yield and getting better with higher gold prices. Concern over assets in Turkey is overblown.
PAST TOP PICK
(A Top Pick Nov 18/20, Down 9%) Stock is very cheap. Expanding high-quality reserves. Trading around book value. Might be attractive to an acquirer. Hang in.
PAST TOP PICK
(A Top Pick Nov 18/20, Down 16%) He's definitely keep buying it. The company has been exploring its surrounding area and replacing its high-grade reserves. It has nice upside potential based on its current earnings forecast. The kicker may be it being a take-out by a bigger gold company.
TOP PICK
It has increased its high-quality reserves a lot. It is a takeover candidate. This could rise a lot if gold prices climb. (Analysts’ price target is $13.99)
PAST TOP PICK
(A Top Pick Jul 17/20, Down 25%) He likes it because it is purely Canadian. It is cheap and currently has traded down to its book value. It has a superb balance sheet. He wonders why one of the larger ones does not take them out.
TOP PICK
It has a superb balance sheet. They don’t have a lot of garbage on their balance sheet. They succeeded in expanding their high quality gold reserves. What's not to like. They are at book value. (Analysts’ price target is $14.82)
PAST TOP PICK
(A Top Pick Mar 27/20, Up 40%) The one thorn is geopolitical risk. Executing well. A great company. He has it as a buy.