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Alamos Gold Inc. (T:AGI)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 181 Bay Street, Suite 3910
TORONTO ON M5J 2T3
Tel: N/A
Website: https://alamosgold.com
IR: See website
Key People
John A. Mccluskey
President, Chief Executive Officer, Director
Grace Tang
Vice President, Treasurer
Gregory Fisher
Chief Financial Officer
Luc Guimond
Chief Operating Officer
Nils F. Engelstad
Senior Vice President, General Counsel
Scott Kyle Parsons
Senior Vice President of Investor Relations
Christopher J. Bostwick
Senior Vice President - Technical Services
Luis M. Chavez
Senior Vice President - Mexico
John Fitzgerald
Senior Vice President - Projects
Lynsey Sherry
Vice President - Finance
   
Business Overview
Alamos Gold Inc. is a Canada-based intermediate gold producer with diversified production from three operations in North America. This includes the Young-Davidson mine and Island Gold District in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the Company has a portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. The Young-Davidson gold mine is located near the town of Matachewan, approximately 60 kilometers (km) west of Kirkland Lake in Northern Ontario, within the Abitibi Greenstone Belt. The Island Gold District is located just east of the town of Dubreuilville, 83 km northeast of Wawa in Northern Ontario. The Mulatos mine is located in the Sierra Madre Occidental Mountain range in the east-central portion of the State of Sonora, Mexico. The Lynn Lake project is located in northern Manitoba and consists of two primary sites, MacLellan and Gordon.
Financial Overview
For the six months ended 30 June 2024, Alamos Gold Inc revenues increased 19% to $610.2M. Net income decreased 9% to $112.2M. Revenues reflect Mulatos segment increase of 64% to $257.3M, Young-Davidson Development Sage Project segment increase of 9% to $188.8M, Mexico segment increase of 64% to $257.3M. Net income was offset by Corporate and Other segment loss increase of 16% to $32.6M, Corporate Expense/Other segment loss increase of 16% to $32.6M.
Employees: 1,868 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $11,017M as of Jun 30, 2024
Annual revenue (TTM): $1,543M as of Jun 30, 2024
EBITDA (TTM): $798.75M as of Jun 30, 2024
Net annual income (TTM): $273.45M as of Jun 30, 2024
Free cash flow (TTM): $204.50M as of Jun 30, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 420,053,157 as of Oct 3, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization