Alamos Gold PT Raised to C$80 as Gold Forecasts Climb to US$6,500/oz
CIBC analyst Cosmos Chiu raised Alamos Gold’s price target to C$80 from C$74 and maintained an Outperformer rating. The firm also lifted its gold price forecasts to US$6,000/oz for 2026 and US$6,500/oz for 2027, citing sustained demand and increased geopolitical uncertainty.
1. Price Target Increase
Cosmos Chiu raised Alamos Gold’s price target to C$80 from C$74 and kept an Outperformer rating, reflecting a more bullish view on the company’s valuation trajectory.
2. Commodity Forecast Revisions
The analyst firm boosted its gold price outlook to US$6,000 per ounce in 2026 and US$6,500 per ounce in 2027, also updating copper assumptions higher, based on persistent demand and escalating geopolitical uncertainty.
3. Demand Drivers and Risk Factors
Chiu noted that strong demand drivers from 2025 are expected to continue through 2026, but heightened geopolitical tensions could introduce volatility in commodity markets and project execution.
4. Company Operations Overview
Alamos Gold operates gold mines and exploration sites across Canada, Mexico and the US, positioning it to benefit from rising metal prices and diversified asset exposure.