Alamos Gold Inc.

AGI

CA0115321089

Gold

Market Closed - Toronto S.E. Other stock markets 04:15:12 2024-04-18 pm EDT			5-day change	1st Jan Change
20.75 ^CAD	+0.92%		-1.28%	+16.44%

Apr. 15	Laurentian Upgrades Alamos Gold to Buy From Hold	MT
Apr. 09	Alamos Gold's Argonaut Deal Compelling Amid Bullish Gold Price Outlook, BofA Securities Says	MT

Alamos Gold: 3Q Earnings Snapshot

October 28, 2020 at 06:21 pm EDT

TORONTO (AP) _ Alamos Gold Inc. (AGI) on Wednesday reported third-quarter profit of $67.9 million.

The Toronto-based company said it had net income of 17 cents per share. Earnings, adjusted for non-recurring gains, were 15 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The gold mining company posted revenue of $218.4 million in the period.

Alamos Gold shares have risen 35% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.12, an increase of 62% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGI at https://www.zacks.com/ap/AGI

Latest news about Alamos Gold Inc.

Laurentian Upgrades Alamos Gold to Buy From Hold	Apr. 15	MT
Alamos Gold's Argonaut Deal Compelling Amid Bullish Gold Price Outlook, BofA Securities Says	Apr. 09	MT
BofA Securities Upgrades Alamos Gold to Buy From Neutral, Price Target is $20	Apr. 09	MT
Alamos Gold and Argonaut Gold Complete C$50-Million Private Placement	Apr. 04	MT
Argonaut Gold Inc. announced that it has received CAD 50 million in funding from Alamos Gold Inc.	Apr. 03	CI
Alamos Gold Closes the C$16-Million Acquisition of Orford Mining	Apr. 03	MT
Alamos Gold Inc. completed the acquisition of remaining 72.5% stake in Orford Mining Corporation.	Apr. 02	CI
TD Securities Raises Alamos Gold's Price Target to CA$24 From CA$23, Maintains Buy Rating	Mar. 28	MT
Alamos Gold Maintained at Outperform at BMO Following Friendly Deal to Acquire Argonaut Gold; Price Target Kept at C$26.00	Mar. 28	MT
RBC Capital Markets Says Argonaut Deal 'Makes Sense' For Alamos	Mar. 28	MT
Miners lift Toronto market to new record high	Mar. 27	RE
TSX Rebounds After Two Days of Losses; Gold Cos Alamos and Argonaut Shine; Canada GDP Data Awaited	Mar. 27	MT
Toronto Stocks Climb, Argonaut Gold and Alamos Gold Up on Merger Deal	Mar. 27	DJ
TSX up 66 Points, Led by Miners, Healthcare	Mar. 27	MT
Orford Mining Shareholders Approve Plan of Arrangement With Alamos Gold	Mar. 27	MT
Almos Gold to Acquire Argonaut Gold for Shares Worth US325 Million to Add the Magino Mine in Ontario	Mar. 27	MT
TSX climbs on mining boost; Alamos Gold shines	Mar. 27	RE
Almos Gold to Acquire Argonaut Gold for Shares Worth US325 Million to Add the Magino Mine in Ontario	Mar. 27	MT
Alamos Gold to buy smaller peer Argonaut for $325 mln	Mar. 27	RE
Transcript : Alamos Gold Inc., Argonaut Gold Inc. - M&A Call	Mar. 27
Almos Gold to Acquire Argonaut Gold for Shares Worth US325 Million to Add the Magino Mine in Ontario	Mar. 27	MT
Alamos Gold Brief: Upon completion of Transaction, existing Alamos and Argonaut shareholders will own approximately 95% and 5% of the pro forma company, respectively	Mar. 27	MT
Alamos Gold Brief: Alamos expects to issue near 20.3 million common shares as part of the deal, representing an equity value of near US$276 million on a fully diluted in-the-money basis, and Enterprise value of US$516 million	Mar. 27	MT
Alamos Gold Brief: Says Exchange Ratio implies estimated total consideration of C$0.40 per Argonaut common share, or US$325 million	Mar. 27	MT
Alamos Gold Brief: Under Terms of Agreement, each Argonaut common share outstanding will be exchanged for 0.0185 Alamos common shares and 1 share of SpinCo	Mar. 27	MT

Alamos Gold Inc. is a Canada-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a portfolio of development projects, including the Phase 3+ expansion at Island Gold, and the Lynn Lake Project in Manitoba, Canada. The Young-Davidson gold mine is located near the town of Matachewan, approximately 60 kilometers (km) west of Kirkland Lake in Northern Ontario, within the Abitibi Greenstone Belt. The Island Gold mine is located just east of the town of Dubreuilville, about 83 km northeast of Wawa in Northern Ontario. The Mulatos mine is in the Sierra Madre Occidental Mountain range in the east-central portion of the State of Sonora, Mexico. It also owns Qiqavik Gold Project in Northern Quebec within the Cape Smith Belt, with a number of high-grade gold and gold copper showings.

Sector

Gold

Calendar

2024-04-23 - Q1 2024 Earnings Release

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Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

15.09 USD

Average target price

17.82 USD

Spread / Average Target

+18.09%

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Gold Mining

Alamos Gold Inc.

Equities

AGI

CA0115321089

Gold

Alamos Gold: 3Q Earnings Snapshot

Latest news about Alamos Gold Inc.

Chart Alamos Gold Inc.

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Income Statement Evolution

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Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Gold Mining