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AGI Alamos Gold News Story

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Basic MaterialsAdventurousLarge CapFalling Star

Alamos Gold misses Q2 revenue estimates, but exceeds adjusted net income view

Overview

Alamos Gold misses analysts' expectations for Q2 revenue but beats for adjusted net income, per LSEG data

Company reports record cash flow from operations, free cash flow rises to nearly $85 mln

Gold production increased 10% from Q1

Outlook

Alamos expects further production growth in H2 2025 from higher grades, milling rates

Company raises 2025 cost guidance due to higher share price and gold price

Alamos sees full-year total cash costs of $975-$1,025/oz, AISC $1,400-$1,450/oz

Island Gold District to drive production growth, cost decline over next years

Result Drivers

PRODUCTION INCREASE - Gold production rose 10% from Q1, driven by stronger performances across all operations

COST REDUCTION - All-in sustaining costs decreased 18% from Q1, attributed to lower share-based compensation and stronger production

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueMiss$438.20 mln$451.10 mln (3 Analysts)
Q2 Adjusted Net IncomeBeat$144.10 mln$131.30 mln (2 Analysts)
Q2 Net Income$159.40 mln
Q2 Basic EPS$0.38
Q2 Free Cash Flow$84.60 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the gold peer group is "buy" Wall Street's median 12-month price target for Alamos Gold Inc is C$50.00, about 29.2% above its July 29 closing price of C$35.42 The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 22 three months ago Press Release: ID:nGNX5BsHdH (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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