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 ...

Lynn Lake expected to provide additional low-cost growth starting in 2028 with construction decision announcedAll amounts are in United States dollars, unless otherwise stated. TORONTO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported fourth quarter and annual 2024 production. The Company also provided updated three-year production and operating guidance and announced a construction decision on the Lynn Lake project in Manitoba. “With the soli ...

Core Viewpoint - Alamos Gold Inc. has reported significant success in exploration drilling at the Island Gold Mine, indicating continued growth in Mineral Reserves and Resources, with high-grade gold mineralization being extended across various zones [1][2]. Exploration Results - The drilling program at Island Gold has been highly successful, with high-grade intercepts across the main deposit and newly defined zones, leading to expectations of growth in Mineral Reserves and Resources for the ninth consecutive year [2][3]. - New high-grade mineralization has been identified in the Island West (C-Zone) and Island East (E1E-Zone), with notable intercepts such as 67.68 g/t Au over 3.61 m and 55.50 g/t Au over 3.87 m respectively [5][23]. Drilling Program Overview - A total budget of $19 million was allocated for exploration in 2024, an increase from $14 million in 2023, with 50,416 m of underground exploration drilling completed in 185 holes [13][14]. - The focus of the drilling program was to define new Mineral Reserves and Resources near existing production horizons, with significant drilling also targeting high-grade mineralization in hanging wall and footwall zones [13][25]. High-Grade Intercepts - Significant high-grade intercepts were reported, including 584.20 g/t Au over 6.80 m in an unknown zone, highlighting the potential for further near-mine additions [10][31]. - Other notable intercepts include 63.51 g/t Au over 2.09 m in the E1D1 Zone and 37.02 g/t Au over 2.42 m in the NTH3 Zone, indicating strong mineralization in both hanging wall and footwall structures [30][7]. Future Growth Potential - The ongoing exploration and delineation drilling are expected to continue defining additional high-grade Mineral Reserves and Resources, particularly in proximity to existing infrastructure, which would be low-cost to develop [28][26]. - The company anticipates that the successful exploration results will support further growth in high-grade Mineral Reserves, enhancing operational flexibility and production potential [28][24].

TORONTO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI), (TSX:AGI; NYSE:AGI) today announced the appointment of J. Robert S. Prichard as Chair of the Board of Directors, effective January 8, 2025. Mr. Prichard will succeed Paul Murphy, who sadly passed away in December 2024 after serving on the Board for over 14 years, and as Chairman for the past nine years. J. Robert S. Prichard has been a member of the Alamos Board for nearly six years, having joined in May 2019. Mr. Prichard is a ...

All amounts are in United States dollars, unless otherwise stated. TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has filed with, and received acceptance from the Toronto Stock Exchange (“TSX”) of, a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 18,605,661 Class A Common Shares (“Common Shares”), representing 5% of the Company’s public float of the Common Shares, ...

TORONTO, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) is deeply saddened to announce the passing of Paul J. Murphy, a Board member for over 14 years and Chairman for the past nine years. Mr. Murphy joined Alamos as a Director in 2010 and served as Chair of the Board since 2015, overseeing a period of transformative growth for the Company. He was a Partner of PricewaterhouseCoopers from 1981 to 2010 including serving as National Mining Leader from 2004 to 2010. Throughout his career ...

Core Viewpoint - Investors in Alamos Gold Inc. should closely monitor stock movements due to significant implied volatility in options, particularly the Dec 20, 2024 $10.00 Call option, indicating expectations of a major price movement [1]. Group 1: Implied Volatility - Implied volatility reflects market expectations for future price movements, with high levels suggesting potential for significant price changes or upcoming events that could trigger a rally or sell-off [2]. - The current high implied volatility for Alamos Gold options may indicate a developing trading opportunity, as traders often seek to sell premium on such options to benefit from time decay [4]. Group 2: Analyst Sentiment - Alamos Gold holds a Zacks Rank 3 (Hold) within the Mining - Gold industry, which is in the top 30% of the Zacks Industry Rank [3]. - Over the past 60 days, no analysts have raised earnings estimates for the current quarter, while one has lowered the estimate, resulting in a consensus estimate decrease from 29 cents to 26 cents per share [3].

A downtrend has been apparent in Alamos Gold (AGI) lately with too much selling pressure. The stock has declined 7.4% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spott ...

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