Alamos Gold's Q3 revenue and adjusted EPS miss estimates

Overview

• Alamos Gold Q3 revenue and adjusted EPS missed analyst expectations

• Produced 141,700 ounces of gold, slightly below guidance due to Magino mill downtime

• Record free cash flow of $130 mln achieved in Q3

Outlook

• Alamos Gold revises 2025 production guidance down by 6% due to operational challenges

• Company expects Q4 production to rise 18% and costs to decrease by 5%

• Alamos Gold updates 2025 capital guidance to $539-$599 mln, reflecting Lynn Lake timeline changes

Result Drivers

• PRODUCTION INCREASE - Gold production rose 3% to 141,700 ounces, driven by stronger performances from Mulatos and Island Gold

• MARGIN EXPANSION - Margin expansion contributed to record free cash flow of $130 mln, supported by higher gold prices and lower costs

Key Details

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$60.67, about 27.5% above its October 28 closing price of C$43.97

Press Release: ID:nGNXlkCv9

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