Alamos Gold Reports 8.3% Y/Y Increase in 2024 Gold Production
AGI produces a record gold of 567,000 ounces in 2024, in line with its guidance.
Alamos Gold Meets 2024 Guidance And Provides Strong 3-Year Guidance
Alamos Gold Inc.'s 2024 production was 567Koz, with Young-Davidson and Magino below guidance, while Island Gold and Mulatos District exceeded expectations. The 3-year guidance projects production growth of 7% in 2025, 8% in 2026, and 8% in 2027, with Lynn Lake coming online in 2028. All-in sustaining costs are expected to decrease over the coming years, despite inflationary pressures.
Alamos Gold: A Solid Buy-The-Dip Candidate
Alamos Gold reported record Q3-24 production and revenue, driven by the acquisition of Argonaut Gold and higher grades at its flagship Island Gold Mine. Although costs were higher year-over-year, this was related to several short-term impacts, including higher costs at Magino, elevated SBC & fewer ounces sold than produced because of the timing of sales. Most importantly, Alamos boasts an industry-leading growth profile, with an asset base and pipeline that can support production of nearly 1.0 million ounces per annum.
Is the Options Market Predicting a Spike in Alamos Gold (AGI) Stock?
Investors need to pay close attention to Alamos Gold (AGI) stock based on the movements in the options market lately.
After Plunging -7.43% in 4 Weeks, Here's Why the Trend Might Reverse for Alamos Gold (AGI)
Alamos Gold (AGI) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Here is Why Growth Investors Should Buy Alamos Gold (AGI) Now
Alamos Gold (AGI) possesses solid growth attributes, which could help it handily outperform the market.
Alamos Gold Inc (AGI) Q3 2024 Earnings Call Transcript
Alamos Gold Inc (NYSE:AGI ) Q3 2024 Results Conference Call November 7, 2024 11:00 AM ET Company Participants Scott Parsons - Senior Vice President of Investor Relations John McCluskey - President & Chief Executive Officer Greg Fisher - Chief Financial Officer Luc Guimond - Chief Operating Officer Scott Parsons - Vice President, Exploration Conference Call Participants Cosmos Chiu - CIBC Operator Good morning. I'll now turn the call over to Scott Parsons, Alamos Senior Vice President of Investor Relations.
Alamos Gold: A High-Quality Gold Miner That Does Just About Everything Right
Alamos Gold Inc. is a low-cost, high-quality gold mining company with strong growth potential, operating in Canada and Mexico. The company reported record Q3 2024 revenue of $361M, driven by high gold prices and increased production from the Magino mine. Despite a temporary rise in costs due to Magino, Alamos Gold maintains healthy margins and expects costs to decrease significantly by 2026.
Alamos Gold Gears Up to Report Q3 Earnings: What to Expect?
AGI's Q3 results are likely to reflect the solid rally in gold prices and higher production numbers.
Looking for a Growth Stock? 3 Reasons Why Alamos Gold (AGI) is a Solid Choice
Alamos Gold (AGI) could produce exceptional returns because of its solid growth attributes.
Alamos Gold (AGI) Upgraded to Buy: What Does It Mean for the Stock?
Alamos Gold (AGI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
OpenAI disbands another safety team, head advisor for 'AGI Readiness' resigns
OpenAI is disbanding its "AGI Readiness" team, which advised the company on OpenAI's own capacity to handle increasingly powerful AI and the world's readiness to manage the technology. Miles Brundage, senior advisor for AGI Readiness, announced his departure from the company and wrote that he believes his research will be more impactful externally.
