| Alamos Gold misses 1Q profit forecasts | |
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TORONTO (AP) _ Alamos Gold Inc. (AGI) on Thursday reported first-quarter earnings of $9.7 million.
On a per-share basis, the Toronto-based company said it had profit of 4 cents. Losses, adjusted for non-recurring gains, came to 3 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The gold mining company posted revenue of $104.3 million in the period.
Alamos Gold shares have more than doubled since the beginning of the year. The stock has fallen slightly more than 2 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGI at http://www.zacks.com/ap/AGI
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Keywords: Alamos Gold, Earnings Report
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Alamos Gold Inc
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DEVELOPMENT STAGE |
CODE : AGI.TO |
ISIN : CA0115271086 |
CUSIP : 011527108 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Alamos Gold is a gold producing company based in Canada. Alamos Gold develops gold and silver in Mexico and in Peru, and holds various exploration projects in Peru and in Turkey. Its main assets in development are CERRO JUMIL in Mexico and SAN LUIS PROJECT in Peru and its main exploration properties are GAP, EL JASPE, PUERTO DEL AIRE, BIRICU, LA PROVIDENCIA PROSPECT, MERCURY MINES, ESCONDIDA MIL, EL REALITO, LOS BAJIOS, LA YAQUI, CERRO PELON and MULATOS in Mexico, ABRA ROJO, UTCUCOCHA, COLQUI ORCCO and PUCARANA in Peru and AGI DAGI, KIRAZLI and CAMYURT in Turkey. Alamos Gold is listed in Canada and in United States of America. Its market capitalisation is CA$ 7.3 billions as of today (US$ 5.3 billions, € 4.9 billions). Its stock quote reached its lowest recent point on May 14, 2004 at CA$ 1.50, and its highest recent level on September 12, 2024 at CA$ 27.27. Alamos Gold has 266 320 000 shares outstanding. |