Alamos Gold (AGI) is a Canadian intermediate gold producer that has four producing mines and six projects. The majority of its gold reserves are based in North America and even more so, in Canada (Figure-1); and helps the company conduct its operations in areas of low geopolitical risks.
Figure-1 (Source: September Presentation)
Thesis:
Over the past three years, AGI has reported favorable results in terms of increased gold output, gold reserves/resources, and a decline in mining costs. The company has also paid consistent semi-annual dividends and remains debt-free. Even though the company