Image: Aerial view of Alamos Gold's Young-Davidson mine site in Matachewan, Ontario. Courtesy: Dumas mining
Investment Thesis
The Toronto-based Alamos Gold (AGI) was created on February 21, 2003, as a result of the merger of Alamos Minerals and National Gold.
The mid-tier gold producer owns four operating gold mines in Canada (Northern Ontario) and Mexico (Sonora) with a production of 125.3K Oz in 1Q'19.
What I like the most with Alamos Gold is that it offers a simple business model, easy to follow for non-professionals, with substantial assets and potential for future growth.