Welcome to our dedicated page for Alamos Gold news (Ticker: AGI), a resource for investors and traders seeking the latest updates and insights on Alamos Gold stock.
Alamos Gold Inc. (AGI) maintains this dedicated news hub for stakeholders seeking authoritative updates on its gold production operations, exploration activities, and corporate developments. Access verified information directly from the source, including press releases on quarterly results, mine expansions, and sustainability initiatives.
This resource provides investors with timely insights into AGI’s North American operations across Canada and Mexico, including updates from its Young-Davidson, Island Gold, and Mulatos mines. Track progress on exploration projects and operational efficiency improvements that drive the company’s low-cost production strategy.
Key content categories include earnings announcements, resource estimate updates, leadership changes, and environmental stewardship reports. All materials adhere to strict factual reporting standards, ensuring reliability for financial analysis and market research.
Bookmark this page for streamlined access to AGI’s latest developments, or subscribe to Stock Titan’s alerts for immediate notifications of new disclosures. Regularly updated to reflect the company’s evolving position in the global gold sector.
Alamos Gold reported record revenues of $251.5 million for Q1 2023, a 36% increase from the previous year, driven by a higher gold sales volume of 132,668 ounces and an average gold price of $1,896 per ounce. Gold production reached 128,400 ounces, exceeding guidance, with significant contributions from the Mulatos District, where production more than doubled. The company achieved total cash costs of $821 per ounce, a 17% reduction year-over-year, reflecting efficiency gains. Operating cash flow rose 16% from Q4 2022, while free cash flow stood at $10.5 million, temporarily affected by delayed sales tax receivables. With a strong cash position of $133.8 million and no debt, Alamos is well-placed to fund ongoing growth initiatives, including the Phase 3+ Expansion at Island Gold, projected for completion in 2026.
Alamos Gold Inc. (TSX:AGI; NYSE:AGI) will release its first quarter 2023 financial results on April 26, 2023, post-market. A conference call to discuss these results will occur on April 27, 2023, at 11:00 am ET. The 2023 Annual Meeting of Shareholders is set for May 25, 2023, at 4:00 pm ET, and will be held virtually. Shareholders eligible to vote must be on record by April 12, 2023. Alamos operates three gold mines in North America and is focused on sustainable development. For more details, visit alamosgold.com.
Alamos Gold Inc. (TSX:AGI; NYSE:AGI) has filed its 2022 annual information form and report on Form 40-F with the SEC and Canadian securities authorities. This includes audited financial statements for the fiscal year ending December 31, 2022. The documents are accessible on the company’s website, and hard copies are available to shareholders upon request. Alamos operates three mines in North America, including Young-Davidson and Island Gold in Ontario, and the Mulatos mine in Mexico. The company also has growth projects like the Phase 3+ Expansion at Island Gold and the Lynn Lake project in Manitoba.
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