Alamos Gold, Inc. (TSE:AGI) has released an update.
Alamos Gold, Inc. kicked off 2024 with a robust financial performance, surpassing production guidance which led to a record-breaking quarterly revenue of $277.6 million, a 10% increase from the previous year. The company’s successful operations, particularly at La Yaqui Grande, and strategic acquisitions, such as the Magino mine, are set to establish it as one of Canada’s leading and most cost-efficient gold producers. Alamos Gold remains debt-free with cash reserves growing by 7%, and continues to reward shareholders with consistent dividends.
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