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 125.2K Oz in 2Q'19.
The company also owns development projects in Turkey (Kirazli, Agi Dagi, and Camyurt); in Manitoba, Canada, with Lynn Lake; and Mexico with the extension of Mulatos (La Yaqui, Cerro