Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
1.35B | 1.02B | 821.20M | 823.60M | 748.10M | Gross Profit |
595.80M | 575.80M | 212.30M | 289.50M | 272.60M | EBIT |
561.90M | 318.10M | 144.60M | 235.60M | 227.60M | EBITDA |
724.40M | 486.40M | 321.20M | 410.10M | 387.90M | Net Income Common Stockholders |
284.30M | 210.00M | 37.10M | -66.70M | 144.20M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
351.20M | 237.80M | 148.40M | 196.40M | 264.20M | Total Assets |
5.34B | 4.00B | 3.67B | 3.62B | 3.64B | Total Debt |
286.60M | 0.00 | 400.00K | 400.00K | 500.00K | Net Debt |
-40.60M | -224.80M | -129.40M | -172.10M | -220.00M | Total Liabilities |
1.75B | 1.08B | 953.10M | 885.90M | 785.00M | Stockholders Equity |
3.58B | 2.92B | 2.72B | 2.74B | 2.85B |
Cash Flow | Free Cash Flow | |||
235.80M | 123.80M | -15.20M | -7.80M | 67.50M | Operating Cash Flow |
661.10M | 472.70M | 298.50M | 356.50M | 368.40M | Investing Cash Flow |
-467.10M | -351.80M | -312.70M | -357.10M | -314.10M | Financing Cash Flow |
-89.40M | -26.00M | -28.40M | -47.30M | -15.60M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
80 Outperform | C$70.51B | 27.34 | 9.42% | 1.62% | 26.99% | -6.63% | |
79 Outperform | C$14.00B | 35.82 | 8.74% | 0.42% | 33.75% | 32.86% | |
75 Outperform | C$18.74B | 15.18 | 14.66% | 1.08% | 16.53% | 206.89% | |
73 Outperform | C$45.35B | 15.94 | 9.00% | 2.18% | 15.40% | 72.49% | |
68 Neutral | C$3.17B | 22.80 | 11.14% | ― | 18.32% | ― | |
54 Neutral | C$4.96B | ― | -18.54% | 5.99% | -4.17% | -318.18% | |
47 Neutral | $2.64B | -4.00 | -31.55% | 3.33% | 2.93% | -29.90% |
Alamos Gold Inc. announced a quarterly dividend of US$0.025 per common share, continuing its 15-year streak of dividend payments, with $41 million returned to shareholders in 2024. The company also introduced a Dividend Reinvestment Plan (DRIP), allowing shareholders to reinvest dividends into common shares at a 1% discount, enhancing investment opportunities without transaction costs.
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%.
Alamos Gold Inc. announced a substantial increase in its global mineral reserves by 31%, reaching 14.0 million ounces of gold, largely due to the acquisition of the Magino project and enhanced exploration outcomes at Island Gold. The company’s strategic moves, including the expansion of mineral reserves and resources, particularly at Island Gold and through the acquisition of Magino, are expected to bolster its long-term gold production capabilities and strengthen its market position, with further expansion plans to be detailed in upcoming studies.
Alamos Gold has announced development plans for its Burnt Timber and Linkwood satellite deposits, which are set to significantly extend the life of its Lynn Lake project in Canada. The inclusion of these deposits is expected to boost the project’s economics, extending its mine life to 27 years and enhancing long-term production rates with a high after-tax internal rate of return of 54%. This development promises lower costs and higher margins, solidifying Alamos Gold’s position in the industry and offering substantial returns for stakeholders.
Alamos Gold Inc. has received approval from Mexico’s Secretariat of Environment and Natural Resources to amend its environmental impact assessment, enabling the commencement of construction on the Puerto Del Aire project in the Mulatos District. This project is anticipated to significantly extend the mine life of the district with a high-grade underground deposit, offering substantial exploration upside. With initial capital spending planned between $37 to $40 million for 2025, the project is projected to start production by mid-2027, targeting an average annual gold production of 127,000 ounces in the first four years. The economic study suggests a low-cost, high-return venture with an after-tax NPV of $269 million and an IRR of 46% at a base gold price of $1,950 per ounce.
Alamos Gold Inc. announced that it will release its fourth quarter and year-end 2024 financial results on February 19, 2025, followed by a conference call on February 20, 2025, to discuss the outcomes. This announcement is important for stakeholders as it provides insight into the company’s financial health and strategic positioning, potentially impacting its market performance and investor relations.
Alamos Gold Inc. has announced record annual gold production for 2024, achieving a 7% increase from the previous year with a total of 567,000 ounces. The company has outlined a three-year plan projecting a 24% production growth by 2027 at significantly reduced costs, supported by the upcoming Lynn Lake project, which is set to begin construction. This strategic expansion, fully funded and based in Canada, aims to enhance Alamos Gold’s market position with one of the sector’s lowest political risk profiles, backed by an aggressive exploration budget.
Alamos Gold Inc. has announced significant progress in its exploration drilling at the Island Gold Mine, discovering high-grade mineralization across the Island Gold Deposit and in new hanging wall and footwall zones. This ongoing success is expected to result in another year of growth in Mineral Reserves and Resources, marking the ninth consecutive year of such expansion, with continued potential for growth in the future.
Alamos Gold Inc. mourns the loss of its Chairman, Paul J. Murphy, who played a key role in the company’s transformation from a single asset producer to a diversified gold company. With a background in the resource sector, Murphy’s leadership was instrumental in guiding Alamos through a period of significant growth.