Unlike many gold miners’ reports this earnings season, Alamos Gold's (AGI) first-quarter report was a decent one. The company reported production of 125,300 ounces of gold at all-in sustaining costs ((AISC)) of $957 per ounce. With these results, Alamos Gold remains fully on track to reach its full-year production guidance of 480,000–520,000 ounces of gold at AISC of $920-960 per ounce.
From a financial point of view, the company remains in good shape. The cash position decreased from $206 million to $181 million as the company spent about $11 million on the share