Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 181 Bay Street, Suite 3910 TORONTO ON M5J 2T3 |
Tel: | N/A |
Website: | https://alamosgold.com |
IR: | See website |
Key People | ||
John A. Mccluskey President, Chief Executive Officer, Director | Grace Tang Vice President, Treasurer | Gregory Fisher Chief Financial Officer |
Luc Guimond Chief Operating Officer | Nils F. Engelstad Senior Vice President, General Counsel | Scott Kyle Parsons Senior Vice President of Investor Relations |
Christopher J. Bostwick Senior Vice President - Technical Services | Luis M. Chavez Senior Vice President - Mexico | John Fitzgerald Senior Vice President - Projects | Lynsey Sherry Vice President - Finance |
Business Overview |
Alamos Gold Inc. is a Canada-based intermediate gold producer with diversified production from three operations in North America. This includes the Young-Davidson mine and Island Gold District in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the Company has a portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. The Young-Davidson gold mine is located near the town of Matachewan, approximately 60 kilometers (km) west of Kirkland Lake in Northern Ontario, within the Abitibi Greenstone Belt. The Island Gold District is located just east of the town of Dubreuilville, 83 km northeast of Wawa in Northern Ontario. The Mulatos mine is located in the Sierra Madre Occidental Mountain range in the east-central portion of the State of Sonora, Mexico. The Lynn Lake project is located in northern Manitoba and consists of two primary sites, MacLellan and Gordon. |
Financial Overview |
For the six months ended 30 June 2024, Alamos Gold Inc revenues increased 19% to $610.2M. Net income decreased 9% to $112.2M. Revenues reflect Mulatos segment increase of 64% to $257.3M, Young-Davidson Development Sage Project segment increase of 9% to $188.8M, Mexico segment increase of 64% to $257.3M. Net income was offset by Corporate and Other segment loss increase of 16% to $32.6M, Corporate Expense/Other segment loss increase of 16% to $32.6M. |
Employees: | 1,868 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $11,017M as of Jun 30, 2024 |
Annual revenue (TTM): | $1,543M as of Jun 30, 2024 |
EBITDA (TTM): | $798.75M as of Jun 30, 2024 |
Net annual income (TTM): | $273.45M as of Jun 30, 2024 |
Free cash flow (TTM): | $204.50M as of Jun 30, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 420,053,157 as of Oct 3, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |