UPDATE: Alamos Gold (AGI) Misses Q3 EPS by 1c

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Go back to UPDATE: Alamos Gold (AGI) Misses Q3 EPS by 1c

Alamos Gold Reports Third Quarter 2021 Results

October 27, 2021 5:10 PM EDT

TORONTO, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE: AGI) (Alamos or the Company) today reported its financial results for the quarter ended September 30, 2021.

We had a challenging third quarter at our Mulatos mine which offset strong performances at our Canadian operations. The challenges at Mulatos are temporary with the operation transitioning to low-cost production from La Yaqui Grande in 2022; however, given the weaker quarter, we reduced 2021 guidance at the operation by 15,000 ounces. We have also increased our consolidated cost guidance for the year given the... More