Alamos Gold: Record Revenues In Q1 2026 And An Attractive Valuation

Alamos Gold delivered record Q1 2026 revenues of $597M and adjusted earnings of $232M, driven by elevated gold prices. AGI maintains a robust balance sheet with $660M cash, $200M debt, and strong free cash flow despite ongoing growth investments. Production was softer in Q1 but aligned with guidance; ramp-up at Island Gold and the phase 3+ shaft expansion are expected to boost output.