| Alamos Gold beats 2Q profit forecasts | |
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TORONTO (AP) _ Alamos Gold Inc. (AGI) on Thursday reported second-quarter net income of $2.4 million, after reporting a loss in the same period a year earlier. The Toronto-based company said it had net income of 1 cent per share. Earnings, adjusted for non-recurring costs, were 4 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share. The gold mining company posted revenue of $131.3 million in the period. Alamos Gold shares have increased slightly more than 2 percent since the beginning of the year. The stock has declined 25 percent in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGI at https://www.zacks.com/ap/AGI _____ Keywords: Alamos Gold, Earnings Report |
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Alamos Gold
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DEVELOPMENT STAGE |
CODE : AGI.TO |
ISIN : CA0115271086 |
CUSIP : 011527108 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Alamos Gold is a gold development stage company based in Canada. Alamos Gold develops gold and silver in Mexico and in Peru, and holds various exploration projects in Peru and in Turkey. Its main assets in development are CERRO JUMIL in Mexico and SAN LUIS PROJECT in Peru and its main exploration properties are GAP, EL JASPE, PUERTO DEL AIRE, BIRICU, LA PROVIDENCIA PROSPECT, MERCURY MINES, ESCONDIDA MIL, EL REALITO, LOS BAJIOS, LA YAQUI, CERRO PELON and MULATOS in Mexico, ABRA ROJO, UTCUCOCHA, COLQUI ORCCO and PUCARANA in Peru and AGI DAGI, KIRAZLI and CAMYURT in Turkey. Alamos Gold is listed in Canada and in United States of America. Its market capitalisation is CA$ 5.5 billions as of today (US$ 4.0 billions, € 3.8 billions). Its stock quote reached its lowest recent point on May 14, 2004 at CA$ 1.50, and its highest recent level on April 24, 2024 at CA$ 20.80. Alamos Gold has 266 320 000 shares outstanding. |