According to TipRanks, Chiu is a 5-star analyst with an average return of 21.3% and a 57.46% success rate. Chiu covers the Basic Materials sector, focusing on stocks such as Alamos Gold, Franco-Nevada, and Pan American Silver.
In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a C$73.00 price target.
Based on Alamos Gold’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$586.92 million and a net profit of C$188.26 million. In comparison, last year the company earned a revenue of C$333 million and had a net profit of C$15.2 million
