Alamos Gold Inc (NYSE:AGI)
$ 18.35 -0.08 (-0.43%) Market Cap: 7.72 Bil Enterprise Value: 7.70 Bil PE Ratio: 32.42 PB Ratio: 2.33 GF Score: 90/100

Alamos Gold Inc at Bank of America Merrill Lynch Global Metals, Mining and Steel Conference (Virtual) Transcript

May 13, 2020 / 07:20PM GMT
Release Date Price: $7.77 (-0.89%)
John A. McCluskey
Alamos Gold Inc. - President, CEO & Director

Good afternoon, everyone, and thank you for joining the Alamos Gold presentation and fireside chat. I'm just going to go over a few slides with you briefly and then open the session to Q&A.

I'd like to direct your attention to Slide 3, which is just past the opening page and the cautionary notes. So Alamos Gold has grown significantly over the years into a diversified intermediate gold producer. To put that in context, in 2014, we produced 140,000 ounces of gold from the Mulatos mine. By 2019, we produced 500,000 ounces of gold from 3 North American mines. On top of that, we've built up a strong pipeline of growth projects in an industry that, by and large, is facing declining rates of production. At the same time, costs are decreasing, driven by expansions or improvements at our existing operations and low-cost production growth, combined with the rising gold price, we've had a record year financially in 2019.

Something that has not changed over the years is that we've continued to have a strong balance sheet with

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot