A round of applause for Alamos Gold (AGI):
In fact, it’s almost a two-year high as the last time AGI traded at these prices was early January 2021. So congrats and kudos to McCluskey, proof that big gold producers can offer good returns to their shareholders even in a tough year for the sector. It pays a quarterly dividend, too.
A question for AGI’s peers: What are your excuses, again?
For those with long and bitter memories, penny stock Patricia’s Island Gold mine was given to Richmont for peanuts, whereupon Alamos later bought Richmont and the high-grade Island Gold mine that never stops giving.