Alamos Gold Stock Hits 52-Week High: What's Driving Its Performance?

Shares of Alamos Gold Inc. (AGI) scaled a new 52-week high of $24.59 on Friday before ending the session slightly lower at$23.77. The increase was fueled by rising gold prices and AGI’s solid fourth-quarter results.Alamos Gold currently has a market capitalization of $10.05 billion and a Zacks Rank #3 (Hold).What’s Aiding Alamos Gold Stock?Solid Q4 & 2024 Results: AGI posted adjusted earnings of 25 cents per share in the fourth quarter of 2024, beating the Zacks Consensus Estimate of 21 cents. The bottom l ...