|Bid||4.6000 x 3100|
|Ask||5.0000 x 1400|
|Day's Range||4.6700 - 4.8800|
|52 Week Range||2.9000 - 6.1300|
|Beta (3Y Monthly)||0.02|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.04 (0.79%)|
|1y Target Est||9.01|
VANCOUVER , April 17, 2019 /CNW/ - Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (MTA.V) (MTAFF) (X9CP.F) is pleased to announce that the Company has completed the first closing on its previously announced acquisition of the royalty portfolio (the "Royalty Portfolio") from Alamos Gold Inc. (AGI)(AGI.TO) and its affiliates (collectively "Alamos") in accordance with a purchase and sale agreement between Metalla and Alamos. As consideration for the transaction, Metalla has issued to Alamos 8,219,009 common shares of the Company for fifteen royalties.
NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that its Mulatos mine produced its two millionth ounce of gold in March 2019. At the current gold price, this represents a savings of approximately $65 per ounce, which has already been incorporated into previously disclosed guidance. This past week also marked the completion of a voluntary relocation of residents of the town of Mulatos to Matarachi which began in 2016.
The portfolio of 18 royalties being sold are all on assets not owned by Alamos. This includes a 2% NSR royalty on the El Realito property, adjacent to the La India mine in Sonora, Mexico and a 1.5% NSR royalty on the Wasamac project, and 1.0% NSR royalty on the Beaufor Mine, both located in Quebec, Canada.
On the back of an unchanged U.S. federal funds rate and an inverting Treasury yield curve, gold was up 2.6% to $1,316.30 per ounce at close on Tuesday on the London Bullion Market, bringing the cumulative average price to $1,303.97, or 2.8% higher than in 2018. Warning! GuruFocus has detected 5 Warning Signs with AGI. The VanEck Vectors Gold Miners exchange-traded fund (GDX) has risen 10.7% over the same period, closing at $23.35 on Tuesday.
NEW YORK, March 27, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
NYSE:AGI) (“Alamos” or the “Company”) plans to release its first quarter 2019 financial results after market close on Wednesday, May 1, 2019. Senior management will host a conference call on Thursday, May 2, 2019 at 11:00 am ET to discuss the results. The Company will also hold its 2019 Annual Meeting of Shareholders (the “Annual Meeting”) on Thursday, May 2, 2019.
NYSE:AGI) (“Alamos” or the “Company”) today reported it has been granted the Operating Permit from the Turkish Department of Energy and Natural Resources allowing for the start of earthworks on the open pit area of the Kirazlı project. As disclosed in January 2019, the Company expects to spend $75 million in 2019 on completing work on the water reservoir and ramping up major construction activities and earthworks. As outlined in the 2017 feasibility study, Kirazlı has a 44% after-tax internal rate of return and is expected to produce over 100,000 ounces of gold during its first full year of production at mine-site all-in sustaining costs of less than $400 per ounce. This is expected to bring consolidated production to over 600,000 ounces per year, while significantly lowering the Company’s cost profile.
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. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.
TORONTO, Feb. 20, 2019 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter and year ended December 31,.
TORONTO, Feb. 19, 2019 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its updated Mineral Reserves and Resources as of December 31, 2018..
NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that the Company’s Board of Directors has authorized an increase to its dividend to US$0.01 per common share quarterly, from US$0.01 semi-annually. This represents the Company’s 10th consecutive year of paying a dividend during which time the Company has returned $142 million to shareholders through dividends and share buybacks. The dividend increase is aligned with the Company’s long-term commitment to returning capital to shareholders and is supported by recent higher gold prices and the Company’s expectation for significant free cash flow growth in 2020 and beyond. The first quarterly dividend is payable on March 29, 2019 to shareholders of record as of the close of business on March 15, 2019.
NEW YORK, Feb. 04, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
TORONTO, Jan. 29, 2019 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its fourth quarter and year-end 2018 financial results after market.
NYSE:AGI) (“Alamos” or the “Company”) today reported fourth quarter and annual 2018 production. The Company also provided 2019 production and operating guidance. This was driven by strong performances from Mulatos and Island Gold, the latter setting a new record for production and continuing to demonstrate strong potential for growth in mineral reserves and resources,” said John A. McCluskey, President and Chief Executive Officer.
TORONTO, Jan. 10, 2019 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from surface and underground exploration drilling at the.
NYSE:AGI) (“Alamos” or the “Company”) today announced that it has filed with and received acceptance from the Toronto Stock Exchange (“TSX”), for a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 25,513,043 Class A Common Shares (“Common Shares”), representing 10% of the Company’s public float of the Common Shares as of December 14, 2018, being 255,130,432 Common Shares. As at December 14, 2018, there were 391,248,754 Common Shares issued and outstanding.
Alamos Gold (AGI) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
TORONTO, Dec. 13, 2018 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) regrets to announce a serious accident occurred today at its Mulatos Mine in Mexico..
NYSE:AGI) (“Alamos” or the “Company”) today is providing clarification in response to local media reports in Turkey with respect to development activities at its Kirazlı project, located in the Çanakkale Province of Turkey. The Turkish press reported Alamos has slowed development activities on its Kirazlı project which has included reducing its workforce by six employees and certain contractors. This slowdown in part reflects the completion of the road construction, a seasonal slowdown reflecting the onset of winter, and delays in receipt of an Operating License required prior to commencing earthworks on the ground related to the future open pit.
TORONTO, Nov. 05, 2018 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from surface and underground exploration drilling at the.
The Toronto-based company said it had profit of 2 cents per share. Earnings, adjusted for non-recurring gains, were less than 1 cent on a per-share basis. The average estimate of four analysts surveyed ...