Quarterly ResultApr 29, 2026, 05:02 PM
AGI Q1 Revenue +79% to $596.7M; EPS $0.46; Dividend +60%
AI Summary
Alamos Gold Inc. reported strong financial results for Q1 2026, with operating revenues increasing 79% to a record $596.7 million and net earnings of $191.4 million, or $0.46 per share. The company generated robust cash flow from operations of $242.5 million and free cash flow of $101.7 million. Production was in line with guidance, and the company announced a 60% increase in its quarterly dividend rate to $0.04 per share, while also advancing high-return growth projects like the Island Gold District Expansion.
Key Highlights
- AGI increased quarterly dividend rate by 60% to $0.04 per share.
- Operating revenues rose 79% to $596.7 million in Q1 2026.
- Net earnings were $191.4 million, or $0.46 per share.
- Cash flow from operating activities was $242.5 million, with free cash flow of $101.7 million.
- Produced 123,900 ounces of gold, in-line with guidance.
- All-in sustaining costs (AISC) were $1,862 per ounce, expected to decrease in H2 2026.
- Cash and cash equivalents increased to $659.5 million at March 31, 2026.
- Island Gold District Expansion Study estimates after-tax NPV (5%) of $12.2 billion.