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Alamos Gold: 1Q Earnings Snapshot

TORONTO (AP) _ Alamos Gold Inc. (AGI) on Wednesday reported first-quarter profit of $16.8 million.

The Toronto-based company said it had net income of 4 cents per share. Earnings, adjusted for non-recurring gains, came to 3 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 3 cents per share.

The gold mining company posted revenue of $156.1 million in the period.

The company's shares closed at $4.56. A year ago, they were trading at $5.28.


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 https://www.zacks.com/ap/AGI