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The latest update is out from Alamos Gold ( (TSE:AGI) ).
Alamos Gold Inc. reported record financial and operational performance in 2024, with a 7% increase in gold production to 567,000 ounces, driven by strong performances at its Mulatos District and Island Gold operations. The company achieved a record free cash flow of $272 million, supported by higher gold prices and cost management, while investing in growth initiatives such as the Phase 3+ Expansion at Island Gold and an extensive exploration program that increased global mineral reserves by 31%.
More about Alamos Gold
Alamos Gold Inc. is a Canadian-based mid-tier gold producer with diversified production from its operations in North America. The company focuses on gold mining and exploration, aiming to expand its mineral reserve base and achieve sustainable growth.
YTD Price Performance: 17.86%
Average Trading Volume: 2,229,963
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.54B
Learn more about AGI stock on TipRanks’ Stock Analysis page.
