Core Insights - Alamos Gold Inc. reported a significant 31% increase in global Proven and Probable Mineral Reserves to 14.0 million ounces of gold as of December 31, 2024, driven by the acquisition of the Magino mine and continued high-grade additions at Island Gold [4][7][32] - The company has experienced six consecutive years of growth in Mineral Reserves, with a notable increase in grades at Island Gold, which will support future mine planning and expansion studies [3][9][31] Mineral Reserves - Global Proven and Probable Mineral Reserves increased to 14.0 million ounces, reflecting a 31% rise from 10.7 million ounces at the end of 2023, primarily due to the addition of Magino and high-grade additions at Island Gold [4][7][8] - Excluding Magino, Proven and Probable Reserves increased by 12% to 11.9 million ounces, with a replacement rate of 249% for depletion [4][8] - Island Gold's Mineral Reserves rose 32% to 2.3 million ounces, with grades increasing by 11% to 11.40 g/t Au [4][9][20] Mineral Resources - Global Measured and Indicated Mineral Resources increased by 50% to 6.6 million ounces, primarily due to the acquisition of Magino [15][16] - Excluding Magino, Measured and Indicated Mineral Resources rose 6% to 4.7 million ounces, reflecting successful exploration at Burnt Timber and Linkwood [15][16] - Global Inferred Mineral Resources decreased by 2% to 7.1 million ounces, with grades remaining stable at 1.76 g/t Au [16] Exploration and Future Plans - The company has allocated a record exploration budget of $72 million for 2025, focusing on expanding mineralization across its asset base, particularly at Island Gold and the Qiqavik project [4][15] - A total of 41,500 meters of underground drilling is planned for 2025, targeting new Mineral Reserves and Resources near existing production [25][26] - The updated Island Gold District mine plan and Expansion Study are expected to be released in mid-2025, incorporating significant growth in grades and reserves [31][32] Specific Project Updates - Magino's Mineral Reserve is estimated at 2.0 million ounces with a grade of 0.91 g/t Au, reflecting a decrease from the previous owner's estimate due to more conservative assumptions [10][32] - The Lynn Lake District saw a 42% increase in Mineral Reserves to 3.3 million ounces, driven by successful conversions at Burnt Timber and Linkwood [11][50] - The Mulatos District experienced a slight decrease in Mineral Reserves to 1.4 million ounces, with ongoing exploration success at the PDA deposit [12][38]

Core Viewpoint - Alamos Gold Inc. has reported positive results from an internal economic study on the Burnt Timber and Linkwood satellite deposits, which are expected to significantly extend the mine life of the Lynn Lake project to 27 years and enhance its economics with a low initial capital requirement and a high after-tax Internal Rate of Return (IRR) of 54% [2][3][8]. Economic Analysis - The after-tax IRR for the Burnt Timber and Linkwood project is estimated at 54%, with an after-tax Net Present Value (NPV) of $177 million at a gold price of $2,200 per ounce [6][15]. - At a higher gold price of $2,800 per ounce, the after-tax IRR increases to 83%, and the NPV rises to $292 million [6][15]. - The payback period is less than one year based on the base case gold price [19]. Production and Costs - Average annual gold production is projected at 83,000 ounces over a 10-year mine life, with total cash costs of $1,140 per ounce and all-in sustaining costs of $1,164 per ounce [6][33]. - Initial capital expenditure is estimated at $67 million, with total life of mine capital costs expected to reach $88 million [6][36]. - The total all-in cost per ounce produced is projected to be $1,241 [6]. Mineral Reserves and Resources - The combined Mineral Reserves for the Lynn Lake project, including Burnt Timber and Linkwood, have increased by 40% to 3.3 million ounces of gold [6][10]. - The initial Mineral Reserve at Burnt Timber and Linkwood is 940,000 ounces, grading 0.95 grams per tonne [10][11]. Project Overview - The Burnt Timber and Linkwood deposits will be mined using conventional open pit methods, with mining activities expected to overlap for a combined mine life of 10 years [27][23]. - Ore will be processed at the MacLellan mill, which has a nominal capacity of 8,000 tonnes per day [29][30]. Exploration Potential - There is significant exploration upside at Burnt Timber and Linkwood, with plans for a 2025 drill program to expand mineralization beyond current reserves [43][45]. - The Lynn Lake project covers a large area with multiple regional targets, indicating potential for additional satellite deposits [45][46].

Alamos Gold (AGI) is expected to report an improvement in its bottom line when it reports fourth-quarter 2024 results on Feb. 19, after market close. Find the latest earnings estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for Alamos Gold’s earnings has moved down 19% over the past 60 days to 21 cents per share. The figure indicates a 75% surge from the year-ago quarter. Image Source: Zacks Investment ResearchAGI’s Earnings Surprise HistoryAlamos Gold’s earnings matched the Z ...

Core Viewpoint - Alamos Gold Inc. has received approval for an amendment to its environmental impact assessment, enabling the construction of the Puerto Del Aire project, which is expected to significantly extend the mine life of the Mulatos District and enhance production capabilities [2][3]. Project Overview - The Puerto Del Aire (PDA) project is located within the Mulatos District and is anticipated to begin construction in mid-2025, with capital spending projected to be between $37 million and $40 million in 2025 [4]. - The total initial capital estimate for the PDA project is $165 million, with first production expected by mid-2027 [4]. Economic Potential - PDA is characterized as a higher-grade underground deposit, with an expected annual gold production averaging 127,000 ounces over the first four years and 104,000 ounces over an eight-year mine life [5]. - The mine-site all-in sustaining costs are projected to average $1,003 per payable ounce [5]. - The project has an estimated after-tax Net Present Value (NPV) of $269 million at a gold price of $1,950 per ounce, and an after-tax Internal Rate of Return (IRR) of 46% [6]. Exploration Upside - The PDA project has significant exploration potential, with mineralization open in multiple directions and higher-grade mineralization identified below the past-producing Cerro Pelon open pit [7]. - An initial underground Mineral Resource at Cerro Pelon is expected to be updated by the end of 2024, which could provide additional feed to the PDA sulphide mill [7]. Company Background - Alamos Gold Inc. is a Canadian-based intermediate gold producer with diversified operations in North America, including the Mulatos District in Mexico and the Island Gold District in Canada [8]. - The company is committed to sustainable development and employs over 2,400 people [8].

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Z ...

Core Viewpoint - Investors in the Mining - Gold sector should consider Alamos Gold (AGI) and Franco-Nevada (FNV) for potential value opportunities, with AGI currently showing stronger metrics for value investors [1] Valuation Metrics - Alamos Gold (AGI) has a forward P/E ratio of 16.62, while Franco-Nevada (FNV) has a significantly higher forward P/E of 32.49 [5] - AGI's PEG ratio is 0.59, indicating a more favorable valuation compared to FNV's PEG ratio of 7.13 [5] - AGI's P/B ratio stands at 2.38, compared to FNV's P/B ratio of 4.20, further highlighting AGI's relative undervaluation [6] Analyst Outlook - AGI currently holds a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while FNV has a Zacks Rank of 3 (Hold) [3] - The improving earnings outlook for AGI positions it as a superior value option in the current market [7]

Group 1 - Alamos Gold Inc. plans to release its fourth quarter and year-end 2024 financial results on February 19, 2025, after market close [1] - A conference call to discuss the results will be held on February 20, 2025, at 11:00 am ET [1] - Participants can join the conference call via webcast or through specific dial-in numbers provided [1] Group 2 - Alamos is a Canadian-based intermediate gold producer with operations in North America, including the Young-Davidson mine and Island Gold District in Ontario, and the Mulatos District in Mexico [2] - The company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold and the Lynn Lake project in Manitoba [2] - Alamos employs over 2,400 people and is committed to sustainable development [2]

Alamos Gold Inc. (AGI) reported gold production of 140,200 ounces for fourth-quarter 2024, up 8.3% from the third quarter of 2024. The figure was in line with AGI’s quarterly guidance. Alamos Gold achieved a record annual production of 567,000 ounces, up 7% from 2023. The figure was within the company’s guidance of 550,000-590,000 ounces.Higher Sales Drive Alamos Gold’s Revenues  AGI’s consolidated gold revenues in fourth-quarter 2024 were $375 million, inclusive of silver sales. In the quarter, Alamos Gold ...

Alamos Gold Inc. (NYSE: AGI ) is a North American gold mining company with production in Canada and Mexico. Most of the growth initiatives are in Canada, which means that exposure will grow over time.If you like this article and are interested in more frequent analysis of my holding companies, real-time notifications on portfolio changes, together with macro and industry analysis. I would encourage you to have a look at my marketplace service, Off The Beaten Path.I primarily invest in turnarounds in natural ...

Core Viewpoint - Alamos Gold Inc. is set to enhance its low-cost growth trajectory starting in 2028 with the construction decision for the Lynn Lake project, alongside a strong production outlook and financial performance for 2024 [1][3]. Production and Financial Performance - The company achieved a record gold production of 567,000 ounces in 2024, marking a 7% increase from 2023, and met both quarterly and annual production guidance [2][6]. - Revenues reached $1.3 billion for the full year, driven by strong operational performance and higher realized gold prices [6][7]. - The company generated record free cash flow while investing in high-return growth projects [2][7]. Growth Outlook - Alamos Gold expects production to increase by 24% over the next three years, with the Lynn Lake project anticipated to contribute significantly starting in 2028 [3][10]. - The Lynn Lake project is projected to average annual production of 176,000 ounces over its first ten years, increasing consolidated production to approximately 900,000 ounces per year [10][28]. - The company plans to ramp up construction activities for Lynn Lake through 2025, with initial production expected in the first half of 2028 [10][28]. Cost Management - All-in sustaining costs (AISC) for 2024 are expected to be at the top end of the guidance range at $1,300 per ounce, with costs anticipated to decrease slightly in 2025 and further by approximately 10% by 2027 [6][30]. - The company aims to offset inflationary pressures with low-cost production growth, particularly from the Island Gold District following the completion of the Phase 3+ Expansion in 2026 [10][30]. Capital Expenditures - Total capital expenditures for 2025 are projected to range between $560 million and $630 million, reflecting the inclusion of construction capital for Lynn Lake and accelerated spending on other projects [10][21]. - Sustaining capital is expected to be between $138 million and $150 million, while growth capital is projected to be between $422 million and $480 million [10][25]. Exploration and Development - The exploration budget for 2025 has been increased to $72 million, representing a 16% increase from 2024, supporting broad-based success across the company's asset base [10][21]. - An evaluation of the long-term expansion of the Magino mill is underway, which could further enhance production capacity [10][29].