Alamos Gold Inc. reported a solid first quarter in 2025, with production meeting the low end of guidance. Revenue increased significantly driven by higher realized gold prices and the inclusion of the Magino mine. While costs were higher than the prior year period, primarily due to the inclusion of Magino and increased share-based compensation, the company remains on track to meet full-year production guidance and expects costs to decrease in the remainder of the year. The company continues to advance its high-return growth projects and maintains a strong liquidity position.
Alamos Gold delivered record financial performance in Q4 2024, driven by higher gold production and rising gold prices. Revenue grew 48% year-over-year, and adjusted net earnings reached $103.2 million. Free cash flow totaled $53.5 million, while cash and cash equivalents increased to $327.2 million.