U.S. Markets closed

Alamos Gold Inc. (AGI.TO)

Toronto - Toronto Delayed Price. Currency in CAD
Add to watchlist
8.60+0.09 (+1.06%)
At close: 4:00PM EDT
  • None of the top holdings of SIL yield anywhere near the yield of SIL itself. Any idea where SIL's yield comes from ?
  • When it comes delivering quality reports featuring the best plays of the TSX, TSX-V, and CSE there really is none better than SmallCapCanada. www.smallcapcanada.com

  • AGI, looks to be overvalued at this price Ive been struggling with this stock lately. Some of my other trades have been from awesomesto-cks which are working out pretty well.
  • AGI will be at above $10.00 in 2 wks.
  • Does anyone know why the big drop? Thank you.
  • $AGI.....Hear Me out…If you are trying to become a serious trader then you NEED to research loinstackalertsq (google them) . They have send me some solid trades recently.
  • I am taking my trading account to the next level and I’ve just bagged AGI my biggest winner to date. I have no one to thank except the guys over at gogle!
  • What's got this running today!?!?!
  • Fed cooks the books, gold takes a dive. (until after the election, of course!)
  • I would like to know how many shares we have in AGI Richard Fidler ss/097095712 address 3224 Timmons Lane Houston TX7702 cusip 666416102 and 666416102 all through Northgate expl limitid reply to dbrevard@att.net
  • Alamos (NYSE: AGI) is a gold producer with a market cap of $2.73 billion. It has production upside, cost downside and some of the smartest management in the industry.

    Alamos is a multi-mine gold producer with operations in Mexico, the U.S. and Canada. It also has six development projects spread out around the world.

    The company has total proven and probable mineral reserves of 5.9 million ounces, while its total measured and indicated resources come in at 10.9 million. (As a reminder, the difference between the two classifications is the number of drill holes in the ore body.)

    This year, Alamos should produce 370,000 to 400,000 ounces of gold from three North American mines. And more than 60% of its valuation and mineral reserves are located in Canada.

    It spent $10 million acquiring its Mulatos Mine and $70 million building it. This single site has generated $350 million in free cash flow so far, and the grade there is 1.56 grams of gold per metric ton. That’s rich.

    And it’s ramping up production at the Young-Davidson Mine, its flagship Canadian operation.

    Let’s see how Alamos stacks up on my mental checklist:
    •MANAGEMENT – I haven’t talked to the team outside of investor relations, but they know what they’re doing. They have a pedigree from past and present well-run mining companies, including Glamis Gold, AuRico, Teck, Homestake and Barrick.
    •LAND – Young-Davidson is a rich mine with plenty of blue sky in the surrounding land package. Mulatos and a third mine, El Chanate, are excellent as well. And while Alamos’ Turkish properties do carry some political risk, that’s where the big new projects are being found these days.
    •FINANCIALS – Alamos is cash-rich, with $283 million in cash and an AISC of $975 this year (which is down 11%). Meanwhile, capital spending is falling 22% to between $138 million and $158 million.
  • AGI will go up with GOLD, shorts will cover shortly
  • test
  • AGI has exposure to Turkey. Looks like a sell