Alamos Gold (AGI)

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Alamos Gold Provides Notice of First Quarter 2025 Results and Conference Call, and Annual General and Special Meeting of Shareholders
Globenewswire· 2025-04-01 10:55
Core Points - Alamos Gold Inc. plans to release its first quarter 2025 financial results after market close on April 30, 2025 [1] - A conference call to discuss the results will be held on May 1, 2025, at 11:00 am ET [1] - The Annual General and Special Meeting of Shareholders is scheduled for May 29, 2025, at 4:00 pm ET [3] Financial Results and Conference Call - The first quarter 2025 financial results will be released after market close on April 30, 2025 [1] - Participants can join the conference call via webcast or dial-in numbers, with a playback available until June 1, 2025 [2] Annual General and Special Meeting - The record date for determining eligible shareholders is April 15, 2025 [4] - The meeting will be held virtually, providing a corporate update and an informal Q&A session [3] Company Overview - Alamos Gold is a Canadian-based intermediate gold producer with operations in North America, including the Island Gold District and Young-Davidson mine in Ontario, and the Mulatos District in Mexico [5] - The company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold and the Lynn Lake project in Manitoba [5] - Alamos employs over 2,400 people and is committed to sustainable development [5]
Alamos Gold Provides Notice of Completion of Annual Filings
Globenewswire· 2025-03-31 19:00
All amounts are in United States dollars, unless otherwise stated. TORONTO, March 31, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) ("Alamos" or the "Company") today announced that it has filed its annual information form and 2024 annual report on Form 40-F, including its audited financial statements for the year ended December 31, 2024, with the SEC on EDGAR as well as the Canadian securities authorities on SEDAR+. These documents are also available at www.alamosgold.com and a hard copy wil ...
Dryden Gold Corp Makes Final Property Payment to Alamos Gold
Newsfile· 2025-03-18 15:14
Dryden Gold Corp Makes Final Property Payment to Alamos GoldMarch 18, 2025 11:15 AM EDT | Source: Dryden Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - March 18, 2025) - Dryden Gold Corp. (TSXV: DRY) ("Dryden Gold" or the "Company") is pleased to announce that it has notified Alamos Gold Inc. ("Alamos") (NYSE: AGI) that the Company has fulfilled its remaining obligations under the Option Agreement, dated April 20, 2022, between Dryden Gold and Manitou Gold Inc., a wholly owned subsid ...
AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says
CNBC· 2025-03-17 14:05
Google DeepMind co-founder and Chief Executive Officer Demis Hassabis speaks during the Mobile World Congress, the telecom industry's biggest annual gathering, in Barcelona, Spain, Feb. 26, 2024.Pau Barrena | Afp | Getty ImagesLONDON — Artificial intelligence that can match humans at any task is still some way off — but it's only a matter of time before it becomes a reality, according to the CEO of Google DeepMind.Speaking at a briefing in DeepMind's London offices on Monday, Demis Hassabis said that he thi ...
Alamos Gold sees a bright future on the back of record production, strategic acquisition
KITCO· 2025-03-11 15:38
ShareDisclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpab ...
Alamos Gold Stock Hits 52-Week High: What's Driving Its Performance?
ZACKS· 2025-03-10 16:55
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 ...
Don't Fight the Tape: Stick with What's Working in This Market
ZACKS· 2025-03-06 18:55
It’s been a rough start to 2025.The truth is there hasn’t been much working in the current market environment. But under the surface, a few key areas are showing strength.We’ve experienced a rotation into defensive areas such as consumer staples and health care. We’ve also seen mining companies thrive as metals prices reach historic highs. Gold, for example, is pressing up against $3,000 per ounce for the first time ever.Historically viewed as a hedge against inflation and currency devaluation, precious met ...
Alamos Gold Q4 Earnings Beat Estimates, Revenues Increase Y/Y
ZACKS· 2025-02-26 17:15
Core Insights - Alamos Gold Inc. (AGI) reported adjusted earnings of 25 cents per share for Q4 2024, surpassing the Zacks Consensus Estimate of 21 cents, and up from 12 cents in the same quarter last year [1][2] - The company achieved record revenues of $376 million in Q4 2024, a 47.6% increase year over year, driven by higher gold prices and sales volumes [2][3] - Gross profit increased by 99% year over year to $175 million, with a gross margin of 46.5%, up from 34.5% in the prior year [3] Financial Performance - For the full year 2024, AGI posted adjusted earnings of 81 cents per share, exceeding the Zacks Consensus Estimate of 80 cents, compared to 53 cents in 2023 [5] - Total revenues for 2024 reached $1.35 billion, a 31.6% increase year over year, beating the Zacks Consensus Estimate of $1.34 billion [6] - Net cash from operating activities was a record $661 million in 2024, up from $473 million in the previous year, with cash and cash equivalents increasing to $327 million as of December 31, 2024 [4] Production Outlook - AGI expects gold production for 2025 to be between 580,000 and 630,000 ounces, indicating a 7% increase at the midpoint from 2024 [7] - For Q1 2025, the company anticipates gold production between 125,000 and 140,000 ounces, with expectations of increased production and lower expenses in the second quarter [8] Stock Performance - AGI's shares have increased by 102.1% over the past year, outperforming the industry growth of 59.2% [9] Peer Comparisons - Royal Gold, Inc. (RGLD) reported adjusted earnings of $1.63 per share for Q4 2024, a 72% year-over-year increase, with revenues of $203 million, up 32.7% [12][13] - Barrick Gold Corporation (GOLD) recorded adjusted earnings of 46 cents per share, with total revenues of $3.64 billion, a 19.2% increase year over year [14][15]
Are Basic Materials Stocks Lagging Alamos Gold (AGI) This Year?
ZACKS· 2025-02-26 15:46
Company Performance - Alamos Gold (AGI) has outperformed the Basic Materials sector with a year-to-date return of approximately 25.4%, compared to the sector average of 6.8% [4] - The Zacks Consensus Estimate for AGI's full-year earnings has increased by 15% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [3] Industry Context - Alamos Gold is part of the Mining - Gold industry, which consists of 40 companies and currently ranks 51 in the Zacks Industry Rank. This industry has seen an average gain of 19.9% year-to-date, with AGI performing better than this average [5] - Another stock in the same industry, DRDGOLD (DRD), has also outperformed the sector with a year-to-date return of 31.8% and a consensus EPS estimate increase of 41.3% over the past three months [4][5] Zacks Rank - Alamos Gold holds a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the broader market in the near term [3] - The Zacks Rank system evaluates stocks based on earnings estimates and revisions, highlighting potential outperformers in the market [3]
Alamos Gold (AGI) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-02-25 18:45
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying those that can fulfill their potential is challenging [1] Group 1: Company Overview - Alamos Gold (AGI) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 16%, with projected EPS growth of 60.8% this year, significantly surpassing the industry average of 20.3% [5] Group 2: Financial Metrics - Alamos Gold's year-over-year cash flow growth is 37.3%, well above the industry average of 8.5% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 17.1%, compared to the industry average of 14% [7] Group 3: Earnings Estimates - The current-year earnings estimates for Alamos Gold have increased by 7.3% over the past month, indicating a positive trend in earnings estimate revisions [8] - Alamos Gold has achieved a Growth Score of B and a Zacks Rank 2 due to these positive earnings estimate revisions [10]