AGI Stock Recent News
AGI LATEST HEADLINES
AGI gains from rising gold and silver prices, and an upbeat production outlook for 2025.
Beneath the surface, a few key areas are showing strength.
WINNIPEG, Manitoba--(BUSINESS WIRE)--Ag Growth International Inc. (TSX: AFN) (“AGI”, the “Company”, “we” or “our”) today announced its financial results for the three-months and year-ending December 31, 2024 and provided its outlook for 2025, in addition to declaring dividends for the first quarter of 2025. Fourth Quarter 2024 Highlights Revenue of $381 million was approximately flat on a year-over-year (“YOY”) basis Adjusted EBITDA1 of $78 million, up 7% from $73 million on a YOY basis, is a r.
All amounts are in United States dollars, unless otherwise stated. TORONTO, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company's Board of Directors has declared a quarterly dividend of US$0.025 per common share.
AGI Q4 results reflect the gains of higher realized gold prices and higher sales volumes.
Here is how Alamos Gold (AGI) and DRDGOLD (DRD) have performed compared to their sector so far this year.
Alamos Gold (AGI) possesses solid growth attributes, which could help it handily outperform the market.
Alamos Gold (AGI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Alamos Gold Inc. (NYSE:AGI ) Q4 2024 Earnings Call February 20, 2025 11:00 AM ET Company Participants Scott Parsons - Senior Vice President, Corporate Development and Investor Relations John McCluskey - President and Chief Executive Officer Greg Fisher - Chief Financial Officer Luc Guimond - Chief Operating Officer Scott R.G. Parsons - Vice President, Exploration Conference Call Participants Charles Edelman - Scotiabank Steven Green - TD Securities Operator Good morning.
Alamos Gold is a high-quality gold mining company with significant growth prospects in Canada, particularly through the Lynn Lake and Island Gold District projects. The company reported record financials in Q4 2024, driven by a high gold price and effective cost control, despite an 8% production decline. Proven and probable reserves grew by 31% in 2024, with significant contributions from the acquisition of Magino and strong exploration results at Island Gold.