CIBC cuts target for Alamos Gold stock to CAD 69.00
Published on 10/17/2026 at 20:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and upcoming results
- CIBC cut its Alamos Gold target from CAD 75.00 to CAD 69.00 on October 16, 2026.
- Alamos Gold plans to release third-quarter results after market close on October 28, 2026.
- Alamos Gold stock stood at CAD 45.49 on the TSX on October 16, 2026 at 4:00 p.m. ET, up 0.22 percent versus the prior close.
- Alamos Gold carried a P/E ratio of 11.64 and a market capitalization of CAD 19.0 billion on October 16, 2026.
CIBC cut its Alamos Gold price target from CAD 75.00 to CAD 69.00 on October 16, 2026, while keeping an Outperformer rating, according to Markets Insider. At the TSX price of CAD 45.49 on October 16, 2026, the revised target stood 51.68 percent above the stock.
Results arrive October 28
Alamos Gold plans to release its third-quarter 2026 financial results after market close on October 28, 2026. Senior management is scheduled to discuss the figures on October 29, 2026, at 10:00 a.m. ET, according to the company announcement carried by FT.
Price position in Canadian dollars
Alamos Gold last stood at CAD 45.49 on the TSX on October 16, 2026 at 4:00 p.m. ET, up 0.22 percent versus the prior close of CAD 45.39. The session range ran from CAD 44.87 to CAD 46.16, while 1,489,097 shares traded against an average volume of 1,171,304 shares, making the session volume 27.14 percent higher than average.
The stock remained 19.61 percent above its 52-week low of CAD 38.03 and 39.98 percent below its 52-week high of CAD 75.78. The range places the latest price well below the yearly peak, even as the CIBC target remains above the market level.
Valuation and peer comparison
Alamos Gold carried a P/E ratio of 11.64 and a market capitalization of CAD 19.0 billion on October 16, 2026. The company operates gold mines in Canada and Mexico, with the TSX and NYSE as its named stock exchanges.
Comparison with peers
Alamos Gold (TSX, CAD): plus 0.22 percent, P/E 11.64, market capitalization CAD 19.0 billion.
Agnico Eagle Mines (TSX, CAD): plus 0.56 percent, P/E 16.31, market capitalization CAD 135.5 billion.
Kinross Gold (TSX, CAD): plus 0.50 percent, P/E 9.20, market capitalization CAD 40.3 billion.
Trading reference
The next company-specific marker is the October 28, 2026 results release, followed by the October 29, 2026 conference call. CIBC's lower target gives the market a dated valuation reference ahead of those figures.
Alamos Gold stock stood at CAD 45.49 on the TSX on October 16, 2026 at 4:00 p.m. ET, up 0.22 percent versus the prior close of CAD 45.39.
Alamos Gold market details
- Company: Alamos Gold Inc.
- ISIN: CA0115321089
- Ticker: AGI
- Primary exchange: Toronto Stock Exchange
- Price on TSX (as of October 16, 2026, 4:00 p.m. ET): CAD 45.49
- Change versus TSX prior close: plus 0.22 percent
- Market capitalization: CAD 19.0 billion (as of October 16, 2026)
- 52-week range: CAD 38.03-75.78 (as of October 16, 2026)
- Sector / Industry: Basic Materials / Gold
Market context: Market report S&P/TSX Composite.
