Alamos Gold (AGI)
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After Plunging -7.43% in 4 Weeks, Here's Why the Trend Might Reverse for Alamos Gold (AGI)
ZACKS· 2024-11-12 23:35
A downtrend has been apparent in Alamos Gold (AGI) lately with too much selling pressure. The stock has declined 7.4% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spott ...
Here is Why Growth Investors Should Buy Alamos Gold (AGI) Now
ZACKS· 2024-11-12 02:51
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Sty ...
Alamos Gold (AGI) - 2024 Q3 - Earnings Call Transcript
2024-11-08 03:49
财务数据和关键指标变化 - 第三季度售出145,200盎司黄金,平均实现价格为每盎司2,458美元,季度营收达3.61亿美元创纪录,黄金销售较产量低约4% [13] - 总现金成本为每盎司984美元,全维持成本为每盎司1,425美元,较年初上升,排除Magino影响,总现金成本本季度可降低118美元/盎司,全维持成本可降低184美元/盎司,预计第四季度综合成本将下降 [13][14] - 报告净收益8,500万美元,每股0.20美元,调整后净收益7,800万美元,每股0.19美元,运营现金流(扣除非现金营运资本变动前)增至1.93亿美元,每股0.46美元,本季度自由现金流8,800万美元,排除一次性支付后为2.19亿美元 [16] - 资本支出(包括设备租赁付款)本季度总计1.12亿美元,其中维持性资本3,800万美元,增长性资本6,800万美元 [17] - 现金余额较上季度略有下降至2.92亿美元 [18] 各条业务线数据和关键指标变化 Young - Davidson - 本季度产量44,200盎司,较上季度略有增加,全维持成本高于年度指导范围上限,预计第四季度产量提高成本降低,本季度产生3,600万美元自由现金流,年初至今9,100万美元 [20][21] Island Gold - 本季度产量40,500盎司,成本符合年度指导,采矿率受影响但9月已恢复,预计第四季度品位将回到指导水平,本季度产生正的矿场自由现金流,目前有望实现全年生产和成本指导目标 [22][23] Magino - 第三季度产量16,800盎司,低于上季度,本季度末采矿活动集中于废石剥离,9月磨机吞吐量平均为8,900吨/日,预计第四季度铣削率和品位提高将推动产量上升成本下降,回收率超预期 [24][25][27] Phase 3+ Expansion - 截至第三季度末,已花费并承诺约7.96亿美元总初始资本的62%,初始资本较2022年上半年宣布的初始估计增加了5%至7.96亿美元 [30][31] Mulatos District - 本季度产量50,500盎司,较上季度略有下降,预计第四季度产量进一步下降,9月生产指导提高15%,本季度矿场自由现金流6,700万美元,年初至今1.87亿美元 [32][33] PDA - 预计前4年每年生产127,000盎司,当前8年矿山寿命期间每年生产104,000盎司,全维持成本为每盎司1,000美元,初始资本低至1.65亿美元 [34] 各个市场数据和关键指标变化 - 文档未涉及,无相关内容 公司战略和发展方向和行业竞争 - 完成Argonaut Gold收购后,Magino矿的加入增加了产量,预计2026年完成三期扩建后年产量接近70万盎司黄金,全维持成本降至1,150美元/盎司,Lynn Lake将推动长期年产量达90万盎司,全维持成本低于1,100美元/盎司,还可能进一步扩大Magino矿厂规模 [11][12] - 公司继续投资高回报增长项目,如最大规模的勘探预算和Island Gold的三期扩建,各矿区通过勘探和项目开发延长矿山寿命提升经济效益,如PDA项目将使Mulatos区矿山寿命延长至2035年,且有进一步延长潜力 [6][9] - 公司通过整合运营、优化磨机等方式降低成本提高效率,如2025年将把Island Gold和Magino的矿石整合到一个优化磨机处理,关闭Island Gold小磨机 [47] - 文档未提及行业竞争相关内容 管理层对经营环境和未来前景的评论 - 第三季度是Magino矿的过渡季度,实施了多项改进并推进与Island Gold的整合,两者结合有望成为加拿大最大低成本高利润金矿之一 [7] - 公司在过去3年表现强劲,未来一年有多项催化因素,如持续的勘探更新、研究项目、矿产储量和资源更新、矿山计划更新和矿厂扩建研究等,预计这种强劲表现将持续 [10] - 公司在多伦多证券交易所被评为表现最佳公司之一,股价在过去3年增长134% [10] 其他重要信息 - 作为收购的一部分,继承了2024 - 2027年33万盎司的黄金远期销售合同,已完成2025年49,400盎司的黄金销售预付款协议,消除了2024和2025年的大部分对冲合约,将继续寻求消除剩余对冲合约的机会 [15] - 公司偿还了从Argonaut继承的3.08亿美元债务,使用现有现金并从信贷额度中提取2.5亿美元(条款更有吸引力),目前现金状况良好,总流动性超5.4亿美元,有能力为高回报增长计划提供资金 [18] 问答环节所有的提问和回答 问题: Magino何时开始测试高品位材料 - 本季度和第四季度将引入高品位材料进行测试 [46] 问题: 单一磨矿作业整合的时间表以及届时是否关闭Island Gold小磨机 - 计划2025年初运行Magino设施,Island Gold和Magino矿石将进入同一矿厂,届时将关闭Island Gold小磨机并进行维护 [47] 问题: 2025年是否从会计和指导角度将其作为单一综合运营进行报告 - 是的,将作为一个综合运营展示,生产成本也将作为一个综合运营显示 [48] 问题: Q3调整后收益略低于市场预期,Q4是否还有与Argonaut交易相关项目影响收益 - 已计提与Argonaut收购相关的损益相关成本,预计未来不会再有,不过股价变动会影响股份支付变动 [50]
Alamos Gold: A High-Quality Gold Miner That Does Just About Everything Right
Seeking Alpha· 2024-11-07 22:43
I primarily invest in turnarounds in natural resource industries, where I have a typical holding period of 1-3 years. Focusing on value offers good downside protection and can still provide great upside participation. Portfolio Returns: 42% in 2019, 81% in 2020, 39% in 2021, -8% in 2022, 12% in 2023, and 14% YTD2024.If you like this article and are interested in more frequent analysis of my holding companies, real-time notifications on portfolio changes, together with macro and industry analysis. I would en ...
Alamos Gold (AGI) - 2024 Q3 - Quarterly Report
2024-11-07 22:36
ALAMOS GOLD INC. Management's Discussion and Analysis (in United States dollars, unless otherwise stated) For the Three and Nine Months ended September 30, 2024 Table of Contents Overview of the Business 3 Highlight Summary 4 Third Quarter 2024 Highlights 6 Environment, Social and Governance Summary Performance 7 Business Developments 8 Outlook and Strategy 9 Young-Davidson Mine ("Young-Davidson") 11 Island Gold Mine ("Island Gold") 13 Magino Mine ("Magino") 15 Mulatos Mine ("Mulatos") 17 Third Quarter 2024 ...
Alamos Gold Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-07 06:13
All amounts are in United States dollars, unless otherwise stated. TORONTO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter ended September 30, 2024. “We achieved a number of operational and financial records in the third quarter. Production increased to a record 152,000 ounces reflecting the addition of Magino and continued strong performances from Island Gold and Mulatos. With growing gold production an ...
Alamos Gold Gears Up to Report Q3 Earnings: What to Expect?
ZACKS· 2024-11-01 21:31
Alamos Gold (AGI) is slated to report third-quarter 2024 results on Nov. 6, after market close. AGI is expected to have delivered year-over-year earnings growth , supported by upbeat gold prices, increased sales volumes and lower costs. Higher production is likely to have been driven by the recent addition of the Magino mine and increased output at both Young-Davidson and Island Gold mines.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for AGI’s third- ...
Looking for a Growth Stock? 3 Reasons Why Alamos Gold (AGI) is a Solid Choice
ZACKS· 2024-10-26 01:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy with the help of the ...
Alamos Gold (AGI) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-10-26 01:00
Alamos Gold (AGI) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual investo ...
OpenAI disbands another safety team, head advisor for 'AGI Readiness' resigns
CNBC· 2024-10-24 23:31
OpenAI is disbanding its "AGI Readiness" team, which advised the company on OpenAI's own capacity to handle increasingly powerful AI and the world's readiness to manage that technology, according to the head of the team.On Wednesday, Miles Brundage, senior advisor for AGI Readiness, announced his departure from the company via a Substack post. He wrote that his primary reasons were that the opportunity cost had become too high and he thought his research would be more impactful externally, that he wanted to ...