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Alamos Gold Inc T.AGI

Alternate Symbol(s):  AGI

Alamos Gold Inc. is a Canada-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a portfolio of development projects, including the Phase 3+ expansion at Island Gold, and the Lynn Lake Project in Manitoba, Canada. The Young-Davidson gold mine is located near the town of Matachewan, approximately 60 kilometers (km) west of Kirkland Lake in Northern Ontario, within the Abitibi Greenstone Belt. The Island Gold mine is located just east of the town of Dubreuilville, about 83 km northeast of Wawa in Northern Ontario. The Mulatos mine is in the Sierra Madre Occidental Mountain range in the east-central portion of the State of Sonora, Mexico. It also owns Qiqavik Gold Project in Northern Quebec within the Cape Smith Belt, with a number of high-grade gold and gold copper showings.


TSX:AGI - Post by User

Post by Value2020on Nov 16, 2020 12:01pm
805 Views
Post# 31906876

MJS.V Q3 Another Blowout Quarter

MJS.V Q3 Another Blowout Quarter

Trading at .06c

                       Sept/19        Sept/20           

Revenue        7.10 M          13.90 M    *up 96% 
 

Net Income   1.80 M           4.7 M       *up 261% 


Gold Sold      5,524 oz        8,301 oz   *up 50%   


Avg. Price      $1,280           $1,667     *up 30%


AISC               $838              $650        *down 29%


EBITDA          3.0 M            8.5 M        *up 283%

Produced       6,273            
9,235        
*up 47%


Grade             .62                .74             *up 19%


CASH             24M             19.5M                   

* Paid 10 million for the 10 year license extention
* Paid 5.7 million in debt
* Spent 13 million on purchase of property, plant and equipment, showing up in increased production
 

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