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Alamos Gold

TSX:AGI
Snowflake Description

Excellent balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AGI
TSX
CA$3B
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. The last earnings update was 31 days ago. More info.


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  • Alamos Gold has significant price volatility in the past 3 months.
AGI Share Price and Events
7 Day Returns
5.7%
TSX:AGI
-0.3%
CA Metals and Mining
0.5%
CA Market
1 Year Returns
1.3%
TSX:AGI
-5.4%
CA Metals and Mining
0.9%
CA Market
AGI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alamos Gold (AGI) 5.7% 11.6% 46.9% 1.3% 5.1% -
CA Metals and Mining -0.3% 0.9% 12.2% -5.4% 14.5% -18.7%
CA Market 0.5% 1.7% 14.2% 0.9% 17.2% 6.3%
1 Year Return vs Industry and Market
  • AGI outperformed the Metals and Mining industry which returned -5.4% over the past year.
Price Volatility
AGI
Industry
5yr Volatility vs Market

Value

 Is Alamos Gold undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Alamos Gold to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Alamos Gold.

TSX:AGI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSX:AGI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.18
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.18 (1 + (1- 26.5%) (0.13%))
1.121
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (1.121 * 5.96%)
8.63%

Discounted Cash Flow Calculation for TSX:AGI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Alamos Gold is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

TSX:AGI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.63%)
2019 -14.00 Analyst x2 -12.89
2020 46.00 Analyst x2 38.98
2021 71.89 Est @ 56.29% 56.09
2022 100.65 Est @ 39.99% 72.28
2023 129.41 Est @ 28.58% 85.55
2024 156.05 Est @ 20.59% 94.96
2025 179.45 Est @ 15% 100.53
2026 199.33 Est @ 11.08% 102.80
2027 215.96 Est @ 8.34% 102.52
2028 229.83 Est @ 6.42% 100.44
Present value of next 10 years cash flows $741.26
TSX:AGI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $229.83 × (1 + 1.95%) ÷ (8.63% – 1.95%)
$3,506.01
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $3,506.01 ÷ (1 + 8.63%)10
$1,532.21
TSX:AGI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $741.26 + $1,532.21
$2,273.47
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,273.47 / 388.81
$5.85
TSX:AGI Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSX:AGI)
1.341
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $5.85 x 1.341
CA$7.84
Value per share (CAD) From above. CA$7.84
Current discount Discount to share price of CA$7.05
= -1 x (CA$7.05 - CA$7.84) / CA$7.84
10.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Alamos Gold is available for.
Intrinsic value
10%
Share price is CA$7.05 vs Future cash flow value of CA$7.84
Current Discount Checks
For Alamos Gold to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Alamos Gold's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Alamos Gold's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Alamos Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alamos Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:AGI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.19
TSX:AGI Share Price ** TSX (2019-03-22) in CAD CA$7.05
TSX:AGI Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.746 $5.26
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.47x
Canada Market PE Ratio Median Figure of 543 Publicly-Listed Companies 15.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Alamos Gold.

TSX:AGI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:AGI Share Price ÷ EPS (both in USD)

= 5.26 ÷ -0.19

-28.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alamos Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Alamos Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Alamos Gold's expected growth come at a high price?
Raw Data
TSX:AGI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -28.24x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
105.9%per year
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.71x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.23x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Alamos Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Alamos Gold's assets?
Raw Data
TSX:AGI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $6.65
TSX:AGI Share Price * TSX (2019-03-22) in CAD CA$7.05
TSX:AGI Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.746 $5.26
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.43x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.58x
TSX:AGI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:AGI Share Price ÷ Book Value per Share (both in USD)

= 5.26 ÷ 6.65

0.79x

* Primary Listing of Alamos Gold.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alamos Gold is good value based on assets compared to the CA Metals and Mining industry average.
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Value checks
We assess Alamos Gold's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Alamos Gold has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Alamos Gold expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
105.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Alamos Gold expected to grow at an attractive rate?
  • Alamos Gold's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Alamos Gold's earnings growth is expected to exceed the Canada market average.
  • Alamos Gold's revenue growth is positive but not above the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSX:AGI Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:AGI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 105.9%
TSX:AGI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 6.3%
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:AGI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:AGI Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 394
2021-12-31 895 318 3
2020-12-31 651 251 67 9
2019-12-31 652 259 58 8
TSX:AGI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 652 214 -73
2018-09-30 650 215 -6
2018-06-30 633 213 16
2018-03-31 595 202 27
2017-12-31 543 164 27
2017-09-30 513 153 11
2017-06-30 510 147 -13
2017-03-31 499 132 -28
2016-12-31 482 136 -18
2016-09-30 466 118 -58
2016-06-30 444 73 -96
2016-03-31 395 57 -464

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Alamos Gold's earnings are expected to grow significantly at over 20% yearly.
  • Alamos Gold's revenue is expected to grow by 6.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:AGI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Alamos Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:AGI Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31 0.18 0.25 0.13 4.00
2019-12-31 0.15 0.18 0.12 3.00
TSX:AGI Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.19
2018-09-30 -0.02
2018-06-30 0.04
2018-03-31 0.08
2017-12-31 0.09
2017-09-30 0.04
2017-06-30 -0.05
2017-03-31 -0.10
2016-12-31 -0.07
2016-09-30 -0.22
2016-06-30 -0.37
2016-03-31 -2.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Alamos Gold is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Alamos Gold's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Alamos Gold has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Alamos Gold performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Alamos Gold's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Alamos Gold does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Alamos Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Alamos Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Alamos Gold's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Alamos Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:AGI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 651.80 -72.60 35.00
2018-09-30 650.40 -5.80 35.70
2018-06-30 632.50 15.80 34.50
2018-03-31 594.90 27.10 31.20
2017-12-31 542.80 26.60 30.00
2017-09-30 513.30 10.70 29.10
2017-06-30 510.10 -13.30 28.00
2017-03-31 498.90 -27.50 33.20
2016-12-31 482.20 -17.90 31.60
2016-09-30 465.70 -57.80 38.20
2016-06-30 443.70 -96.20 42.20
2016-03-31 394.80 -463.90 36.20
2015-12-31 355.10 -508.90 34.30
2015-09-30 309.90 -556.60 26.10
2015-06-30 279.20 -538.70 21.80
2015-03-31 281.95 -176.01 22.64
2014-12-31 288.30 -169.60 26.90
2014-09-30 268.58 -167.81 28.57
2014-06-30 249.99 -137.25 29.52
2014-03-31 233.70 -223.94 31.50
2013-12-31 227.63 -176.77 28.69
2013-09-30 239.97 -205.50 33.67
2013-06-30 225.44 -178.04 35.98
2013-03-31 195.23 -67.91 34.93
2012-12-31 163.62 -99.78 37.12
2012-09-30 130.20 58.39 42.00
2012-06-30 119.55 36.70 40.47
2012-03-31 46.89 3.91 46.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Alamos Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Alamos Gold has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Alamos Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Alamos Gold's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Alamos Gold has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Alamos Gold's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Alamos Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alamos Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Alamos Gold's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Alamos Gold's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 146.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Alamos Gold Company Filings, last reported 2 months ago.

TSX:AGI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,602.30 2.60 213.80
2018-09-30 2,671.60 5.30 230.40
2018-06-30 2,666.90 6.20 244.10
2018-03-31 2,679.90 7.40 243.20
2017-12-31 2,681.20 4.20 236.60
2017-09-30 2,053.40 4.30 167.70
2017-06-30 2,014.80 5.20 150.40
2017-03-31 2,006.30 304.20 495.20
2016-12-31 1,759.40 304.90 266.30
2016-09-30 1,779.70 307.60 287.00
2016-06-30 1,771.50 316.90 284.90
2016-03-31 1,760.10 319.30 282.60
2015-12-31 1,724.20 320.30 289.60
2015-09-30 1,783.50 318.10 320.80
2015-06-30 1,161.48 315.51 129.73
2015-03-31 1,602.74 312.81 91.08
2014-12-31 1,631.30 314.40 89.00
2014-09-30 1,737.86 315.59 100.21
2014-06-30 1,749.01 314.12 140.57
2014-03-31 1,768.38 488.14 174.30
2013-12-31 1,787.88 251.55 142.65
2013-09-30 1,904.79 171.40 140.10
2013-06-30 1,897.02 171.51 209.71
2013-03-31 2,008.15 171.76 269.21
2012-12-31 2,295.84 172.54 603.40
2012-09-30 2,319.77 297.86 173.58
2012-06-30 2,276.54 293.62 62.89
2012-03-31 2,253.07 249.93 113.13
  • Alamos Gold's level of debt (0.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (14.2% vs 0.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Alamos Gold has sufficient cash runway for more than 3 years based on current free cash flow.
  • Alamos Gold has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -109.2% each year.
X
Financial health checks
We assess Alamos Gold's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Alamos Gold has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Alamos Gold's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.76%
Current annual income from Alamos Gold dividends. Estimated to be 0.57% next year.
If you bought CA$2,000 of Alamos Gold shares you are expected to receive CA$15 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Alamos Gold's pays a lower dividend yield than the bottom 25% of dividend payers in Canada (2.05%).
  • Alamos Gold's dividend is below the markets top 25% of dividend payers in Canada (5.63%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:AGI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:AGI Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.04 1.00
2020-12-31 0.03 3.00
2019-12-31 0.03 4.00
TSX:AGI Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-19 0.040 0.808
2018-09-27 0.020 0.509
2018-08-01 0.020 0.439
2018-03-29 0.020 0.363
2018-02-22 0.020 0.391
2017-09-29 0.020 0.319
2017-08-03 0.020 0.263
2017-03-30 0.020 0.284
2017-02-23 0.020 0.265
2016-09-30 0.020 0.272
2016-08-10 0.020 0.243
2016-03-29 0.020 0.276
2015-10-15 0.020 0.554
2015-07-06 0.049 1.243

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alamos Gold is not paying a notable dividend for Canada, therefore no need to check if the payments are stable.
  • Alamos Gold is not paying a notable dividend for Canada, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Alamos Gold's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Alamos Gold's dividends as it is not paying a notable one for Canada.
Future Payout to shareholders
  • No need to calculate the sustainability of Alamos Gold's dividends in 3 years as they are not expected to pay a notable one for Canada.
X
Income/ dividend checks
We assess Alamos Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Alamos Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alamos Gold has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Alamos Gold's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John McCluskey
COMPENSATION $3,769,384
AGE 58
TENURE AS CEO 3.7 years
CEO Bio

Mr. John A. McCluskey has been the President and Chief Executive Officer of Alamos Gold, Inc., since November 2003 and February 2003 respectively. Mr. McCluskey began his career with Glamis Gold Ltd. in 1983. He served as the President and Chief Executive Officer of Aurico Metals, Inc. He went on to hold senior executive positions in a number of public companies in the resource sector. Mr. McCluskey served as Vice President of Alamos Gold, Inc. In 1996, he founded Grayd Resource Corporation, where he served as Chief Executive Officer until 2003 and co-founded Alamos Minerals with mining hall of famer Chester Millar in 2003 and served as its Director since February 21, 2003. He has a wealth of experience in finance and mergers and acquisitions. He has been a Director of Alamos Gold, Inc., since July 2, 2015 and was its Director since July 1996. Mr. McCluskey is currently a Director of the World Gold Council. He has been a Director of New Pacific Metals Corp. since August 1, 2017. He has been an Independent Director of AuRico Metals Inc. since July 2, 2015. He served as an Independent Director of Aurcana Corporation since 2002. He served as a Director of Inca Pacific Resources Inc. He served as Director of Grayd Resource Corp. from September 1996 to November 2008. Mr. McCluskey was named Ontario’s 2012 Ernst & Young Entrepreneur Of The Year, based on a judging panel’s assessment of financial performance, vision, leadership, innovation, personal integrity and influence, social responsibility and entrepreneurial spirit.

CEO Compensation
  • John's compensation has increased whilst company is loss making.
  • John's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Alamos Gold management team in years:

3.7
Average Tenure
58
Average Age
  • The tenure for the Alamos Gold management team is about average.
Management Team

John McCluskey

TITLE
President
COMPENSATION
$4M
AGE
58
TENURE
3.7 yrs

Jamie Porter

TITLE
Chief Financial Officer
COMPENSATION
$2M
TENURE
3.7 yrs

Peter MacPhail

TITLE
Chief Operating Officer
COMPENSATION
$2M
AGE
69
TENURE
3.7 yrs

Chris Bostwick

TITLE
Vice President of Technical Services
COMPENSATION
$1M
AGE
56
TENURE
3.7 yrs

Luis Chavez

TITLE
Senior Vice President of Mexico
COMPENSATION
$966K
AGE
64
TENURE
3.7 yrs

Scott Parsons

TITLE
Vice President of Investor Relations
TENURE
3.7 yrs

Nils Frederik Engelstad

TITLE
VP & General Counsel
AGE
39
TENURE
3.2 yrs

Christine Barwell

TITLE
Vice President of Human Resources
TENURE
8.9 yrs

Chris Rockingham

TITLE
Vice President of Exploration
TENURE
0.5 yrs

Andrew Cormier

TITLE
Vice President of Development & Construction
COMPENSATION
$797K
TENURE
3.7 yrs
Board of Directors Tenure

Average tenure and age of the Alamos Gold board of directors in years:

3.7
Average Tenure
59.5
Average Age
  • The tenure for the Alamos Gold board of directors is about average.
Board of Directors

Paul Murphy

TITLE
Chairman of the Board
COMPENSATION
$265K
AGE
67
TENURE
3.3 yrs

Ron Smith

TITLE
AGE
59
TENURE
9.4 yrs

John McCluskey

TITLE
President
COMPENSATION
$4M
AGE
58
TENURE
3.7 yrs

Ron Smith

TITLE
Director
COMPENSATION
$157K
AGE
68
TENURE
3.7 yrs

Mark Daniel

TITLE
Director
COMPENSATION
$157K
AGE
71
TENURE
3.7 yrs

Ken Stowe

TITLE
Director
COMPENSATION
$158K
AGE
66
TENURE
3.7 yrs

David Fleck

TITLE
Director
COMPENSATION
$161K
AGE
58
TENURE
3.7 yrs

David Gower

TITLE
Director
COMPENSATION
$151K
AGE
60
TENURE
3.7 yrs

Claire M. Kennedy

TITLE
Director
COMPENSATION
$151K
AGE
51
TENURE
3.3 yrs

Elaine Ellingham

TITLE
Director
AGE
57
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • Alamos Gold insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
15. Mar 19 Sell Elaine Ellingham Individual 06. Mar 19 08. Mar 19 -153,148 CA$6.66 CA$-985,408
14. Mar 19 Buy Luis Chavez Individual 11. Mar 19 11. Mar 19 861 CA$6.66 CA$5,731
19. Sep 18 Buy John McCluskey Individual 17. Sep 18 17. Sep 18 5,000 CA$5.80 CA$29,000
X
Management checks
We assess Alamos Gold's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Alamos Gold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Alamos Gold Inc.'s (TSE:AGI) CEO Paid Enough Relative To Peers?

John McCluskey became the CEO of Alamos Gold Inc. … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does John McCluskey's Compensation Compare With Similar Sized Companies?

Simply Wall St -

How Does Investing In Alamos Gold Inc. (TSE:AGI) Impact The Volatility Of Your Portfolio?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

Simply Wall St -

Have Insiders Been Buying Alamos Gold Inc (TSE:AGI) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Alamos Gold Inc (TSE:AGI). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Alamos Gold Insider Transactions Over The Last Year.

Simply Wall St -

Could Alamos Gold Inc's (TSE:AGI) Investor Composition Influence The Stock Price?

A look at the shareholders of Alamos Gold Inc (TSE:AGI) can tell us which group is most powerful. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that have been privatized tend to have low insider ownership.

Simply Wall St -

Is Alamos Gold Inc's (TSE:AGI) CEO Paid Enough To Stay Motivated?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does John McCluskey's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Alamos Gold Inc has a market cap of CA$2.4b, and is paying total annual CEO compensation of US$4m.

Simply Wall St -

Will Alamos Gold Inc (TSE:AGI) Continue To Underperform Its Industry?

Alamos Gold Inc (TSE:AGI) delivered a less impressive 1.01% ROE over the past year, compared to the 11.58% return generated by its industry. … An investor may attribute an inferior ROE to a relatively inefficient performance, and whilst this can often be the case, knowing the nuts and bolts of the ROE calculation may change that perspective and give you a deeper insight into AGI's past performance. … I will take you through how metrics such as financial leverage impact ROE which may affect the overall sustainability of AGI's returns

Simply Wall St -

Is Alamos Gold Inc (TSE:AGI) A Sell At Its Current PE Ratio?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to begin learning the link between Alamos Gold Inc (TSE:AGI)’s fundamentals and stock market performance. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind

Simply Wall St -

Financially Strong And High Growth Stocks

AGI’s forecasted bottom line growth is an exceptional 51.35%, driven by the underlying double-digit sales growth of 21.42% over the next few years. … ANX’s forecasted bottom line growth is an exceptional 59.39%, driven by the underlying 63.49% sales growth over the next few years. … THCX’s forecasted bottom line growth is an exceptional triple-digit, driven by underlying sales, which is expected to more than double, over the next few years.

Simply Wall St -

Alamos Gold Inc (TSE:AGI): What's The Analyst Consensus Outlook?

In December 2017, Alamos Gold Inc (TSX:AGI) announced its most recent earnings update, which revealed that the company finally turned profitable after losses on average over the last couple of years. … Below is a brief commentary on my key takeaways on how market analysts predict Alamos Gold's earnings growth trajectory over the next couple of years and whether the future looks brighter. … This means that, we can presume Alamos Gold will grow its earnings by 50.99% every year for the next couple of years.

Simply Wall St -

Should You Buy Alamos Gold Inc (TSE:AGI)?

TSX:AGI Historical Debt Mar 30th 18 AGI's financial status is a key element to determine whether or not it is a risky investment - a key aspect most investors overlook when they focus too much on growth. … Furthermore, AGI's debt level is at an appropriate 0.28% of equity and has been declining over the past five years from 7.53%. … Also, comparing AGI's current share price to its peers based on its industry and earnings level, it's overvalued by 482.69%, with a PE ratio of 59.64x vs.

Simply Wall St -

Company Info

Description

Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company’s flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada. It also holds interests in a portfolio of development stage projects in Turkey, Canada, Mexico, and the United States. The company was formerly known as AuRico Gold Inc. and changed its name to Alamos Gold Inc. in July 2015. The company is headquartered in Toronto, Canada.

Details
Name: Alamos Gold Inc.
AGI
Exchange: TSX
Founded:
CA$2,741,081,566
388,805,896
Website: http://www.alamosgold.com
Address: Alamos Gold Inc.
181 Bay Street,
Suite 3910,
Toronto,
Ontario, M5J 2T3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX AGI Class A Shares The Toronto Stock Exchange CA CAD 06. Jul 2015
NYSE AGI Class A Shares New York Stock Exchange US USD 06. Jul 2015
DB 1AL Class A Shares Deutsche Boerse AG DE EUR 06. Jul 2015
LSE 0UGS Class A Shares London Stock Exchange GB CAD 06. Jul 2015
TSX AGI.WTA WT EXP 010719 The Toronto Stock Exchange CA CAD 12. Jan 2016
Number of employees
Current staff
Staff numbers
1,700
Alamos Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 00:32
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2019/03/21
Last earnings filing: 2019/02/20
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.