Thesis
In this article, I have analyzed the operational and financial performance of Alamos Gold (AGI) during the quarter ended 31st March 2019. I have also discussed the production guidance and outlook, together with AGI's development projects that would impact business growth. This discussion is combined with the recent trend in gold prices to analyze how AGI will perform going forward.
Figure-1 (Source: Alamos Gold)
Q1 2019 performance review
During Q1 2019, AGI generated revenues of $156.1 MM (Q1 2018: $173.1 MM) witnessing a ~10% Y/Y decline. The decline was primarily due