Alamos Gold Reports Fourth Quarter and Year-End 2020 Results

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Go back to Alamos Gold Reports Fourth Quarter and Year-End 2020 Results

Alamos Gold (AGI) Tops Q4 EPS by 10c, Revenues Beat

February 24, 2021 5:15 PM EST

Alamos Gold (NYSE: AGI) reported Q4 EPS of $0.15, $0.10 better than the analyst estimate of $0.05. Revenue for the quarter came in at $226.6 million versus the consensus estimate of $167.43 million.

Fourth Quarter 2020

Generated quarterly free cash flow1 of $58.0 million, the second consecutive quarter with strong free cash flow, driven by higher margins at all operationsAnnounced a 25% increase in the dividend to US$0.025 per share to be paid in the first quarter of 2021, bringing the annual dividend to US$0.10 per share and marking the second consecutive quarterly increaseProduction increased to 120,400 ounces... More