Alamos Gold is experiencing great success following an "excellent year" characterized by record production and a notable increase in its stock price, as stated by President and CEO John McCluskey.
Alamos has been featured in this article about investment ideas.
Underneath the surface, several important areas are demonstrating strength.
Underneath the surface, several important areas are demonstrating strength.
WINNIPEG, Manitoba--(BUSINESS WIRE)--Ag Growth International Inc. (TSX: AFN) (“AGI”, the “Company”, “we” or “our”) has released its financial results for the last three months and the entire year ending December 31, 2024, along with its forecast for 2025 and announced dividends for the first quarter of 2025. In the fourth quarter of 2024, the company reported revenue of $381 million, which remained stable compared to the previous year. Additionally, the adjusted EBITDA increased by 7% to $78 million, up from $73 million year-over-year.
All figures are in US dollars unless mentioned differently. On February 27, 2025, Alamos Gold Inc. (TSX:AGI; NYSE:AGI) announced that its Board of Directors has approved a quarterly dividend of US$0.025 for each common share.
This is a comparison of how Alamos Gold (AGI) and DRDGOLD (DRD) have done in relation to their industry this year.
AGI's results for the fourth quarter show improvements due to increased gold prices and higher sales volumes.
Alamos Gold (AGI) has strong growth characteristics that may enable it to significantly surpass market performance.
Alamos Gold (AGI) could see an increase in its stock price due to rising confidence in its earnings potential, as shown by its upgrade to a Zacks Rank #2 (Buy).