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
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | $438.20 mln | $451.10 mln (3 Analysts) |
Q2 Adjusted Net Income | Beat | $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:
