Alamos Gold Hits Record Production and Cash Flow

Alamos Gold (TSE:AGI) has released an update.

Alamos Gold Inc. achieved record production in the second quarter of 2024, with an output of 139,100 ounces of gold, surpassing their quarterly guidance and generating a record free cash flow of $107 million. The company also reported strong financial results, with a 27% increase in revenue from the same quarter last year and a significant decrease in total cash costs and all-in sustaining costs, all contributing to an optimistic outlook for achieving full year guidance.

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