TSX:AGIMetals and Mining
Why Alamos Gold (TSX:AGI) Is Up 15.3% After Profits Jump Despite Lower Gold Output
Alamos Gold Inc. reported past second-quarter 2026 results showing sales of US$594.1 million and net income of US$270.4 million, alongside updated guidance lowering expected full-year gold production to 510,000–560,000 ounces.
Despite producing less gold and cutting its production outlook, the company significantly increased earnings and completed a US$50.02 million buyback of 1,401,100 shares.
We'll now examine how Alamos Gold's higher profit on lower production and reduced guidance...