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In a remarkable display of market confidence, Alamos Gold Inc . (NYSE:AGI) stock has reached an all-time high, touching a price level of $23.07. According to InvestingPro data, the company maintains a "GREAT" financial health score of 3.35, with analyst price targets ranging from $25 to $27. This significant milestone underscores a period of robust performance for the gold mining company, which has seen an impressive 101.03% change over the past year. The company’s strong fundamentals are reflected in its healthy gross profit margin of 58.7% and revenue growth of 22.5%. InvestingPro analysis indicates the stock is currently trading in overbought territory, with 14 additional ProTips available to subscribers. The surge to an all-time high reflects a growing investor optimism in the precious metals sector and Alamos Gold’s strategic position within the industry. The company operates with a moderate debt level, maintaining a healthy debt-to-equity ratio of just 0.08, while its current ratio of 1.62 indicates strong liquidity position.
In other recent news, Alamos Gold’s Q4 2024 gold production has slightly missed consensus estimates, with figures reaching 140.2 thousand ounces, compared to the anticipated 144.2 thousand ounces. However, the company’s Mulatos mine exceeded expectations, producing 38.9 thousand ounces, helping offset the underperformance of the Magino mine. Annually, Alamos Gold’s production was approximately at the midpoint of its revised guidance range, producing 567 thousand ounces of gold.
In terms of future guidance, Alamos Gold forecasts a 1% increase in production for 2025, no change for 2026, and a new guidance for 2027 of 680-730 thousand ounces. This 2027 estimate is slightly lower than BMO’s previous projection of 784 thousand ounces, due to an updated timeline for the Lynn Lake mine.
The company’s cost guidance for the near term shows an increase, with Total (EPA:TTEF) Cash Cost (TCC) and All-In Sustaining Cost (AISC) for 2025 and 2026 increasing by 9%/4% and 6%/4%, respectively. This is attributed to ongoing cost inflation and the increased contribution of production from Mulatos through residual leaching in 2025. However, the new 2027 guidance for TCC/AISC shows a slight year-over-year decrease in costs from 2026 of 3% and 2%.
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