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Alamos Gold: 4Q Earnings Snapshot

TORONTO (AP) _ Alamos Gold Inc. (AGI) on Wednesday reported a loss of $71.5 million in its fourth quarter.

On a per-share basis, the Toronto-based company said it had a loss of 18 cents. Earnings, adjusted for one-time gains and costs, were 1 cent per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The gold mining company posted revenue of $163.1 million in the period.

For the year, the company reported a loss of $72.6 million, or 19 cents per share, swinging to a loss in the period. Revenue was reported as $651.8 million.

In the final minutes of trading on Wednesday, the company's shares hit $4.89. A year ago, they were trading at $5.37.


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