| Alamos Gold reports 2Q loss | |
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TORONTO (AP) _ Alamos Gold Inc. (AGI) on Wednesday reported a second-quarter loss of $14.2 million, after reporting a profit in the same period a year earlier.
The Toronto-based company said it had a loss of 11 cents per share. Losses, adjusted for non-recurring costs, came to 6 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The gold mining company posted revenue of $44 million in the period.
The company's shares closed at $3.47. A year ago, they were trading at $9.69.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGI at http://www.zacks.com/ap/AGI
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Keywords: Alamos Gold, Earnings Report
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Alamos Gold
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DEVELOPMENT STAGE |
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CODE : AGI.TO |
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ISIN : CA0115271086 |
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CUSIP : 011527108 |
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Asset profileContact Cpy |
Alamos Gold is a gold development stage company based in Canada. Alamos Gold develops gold and silver in Mexico and in Peru, and holds various exploration projects in Peru and in Turkey. Its main assets in development are CERRO JUMIL in Mexico and SAN LUIS PROJECT in Peru and its main exploration properties are GAP, EL JASPE, PUERTO DEL AIRE, BIRICU, LA PROVIDENCIA PROSPECT, MERCURY MINES, ESCONDIDA MIL, EL REALITO, LOS BAJIOS, LA YAQUI, CERRO PELON and MULATOS in Mexico, ABRA ROJO, UTCUCOCHA, COLQUI ORCCO and PUCARANA in Peru and AGI DAGI, KIRAZLI and CAMYURT in Turkey. Alamos Gold is listed in Canada and in United States of America. Its market capitalisation is CA$ 5.5 billions as of today (US$ 4.4 billions, € 3.9 billions). Its stock quote reached its lowest recent point on May 14, 2004 at CA$ 1.50, and its highest recent level on April 16, 2024 at CA$ 20.66. Alamos Gold has 266 320 000 shares outstanding. |