- Alamos Gold released its Q1 results this week, reporting production of ~98,900 ounces of gold at all-in sustaining costs of $1,360/oz.
- While the headline results were not what some investors might have been looking for, it's important to note that costs will improve as the year progresses.
- Besides, even after the margin improvement as costs dip, the Alamos of today looks nothing like the Alamos of 2025, which will be one of the lowest-cost gold producers sector-wide.
- At less than 0.80x P/NAV, Alamos is dirt-cheap at current levels and is one of the rare examples of high growth combined with meaningful margin expansion at a more than reasonable price.
For further details see:
Alamos Gold: Where Growth And Value Intersect