AGI

Alamos GoldTSX:AGI Stock Report

Market Cap

CA$3.7b

7D

-1.2%

1Y

-21.1%

Updated

20 Sep, 2021

Data

Company Financials +
AGI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance1/6
Financial Health5/6
Dividends1/6

AGI Overview

Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold in North America, Canada, and Mexico.

Alamos Gold Competitors

Endeavour Mining

TSX:EDV

CA$7.4b

Yamana Gold

TSX:YRI

CA$5.0b

B2Gold

TSX:BTO

CA$4.9b

SSR Mining

TSX:SSRM

CA$4.2b

Price History & Performance

Summary of all time highs, changes and price drops for Alamos Gold
Historical stock prices
Current Share PriceCA$9.63
52 Week HighCA$8.89
52 Week LowCA$13.34
Beta1.07
1 Month Change3.11%
3 Month Change-2.04%
1 Year Change-21.13%
3 Year Change58.91%
5 Year Change-11.73%
Change since IPO37.77%

Recent News & Updates

Aug 04
Alamos Gold's (TSE:AGI) Soft Earnings Don't Show The Whole Picture

Alamos Gold's (TSE:AGI) Soft Earnings Don't Show The Whole Picture

Soft earnings didn't appear to concern Alamos Gold Inc.'s ( TSE:AGI ) shareholders over the last week. We think that...

Shareholder Returns

AGICA Metals and MiningCA Market
7D-1.2%-5.2%-2.7%
1Y-21.1%-11.6%29.3%

Return vs Industry: AGI underperformed the Canadian Metals and Mining industry which returned -14.6% over the past year.

Return vs Market: AGI underperformed the Canadian Market which returned 28.9% over the past year.

Price Volatility

Is AGI's price volatile compared to industry and market?
AGI volatility
AGI Beta1.07
Industry Beta1.08
Market Beta1

Stable Share Price: AGI is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: AGI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20031,700John McCluskeyhttps://www.alamosgold.com/

Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold in North America, Canada, and Mexico. 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 5,587 ha located in Northern Ontario, Canada.

Alamos Gold Fundamentals Summary

How do Alamos Gold's earnings and revenue compare to its market cap?
AGI fundamental statistics
Market CapUS$2.90b
Earnings (TTM)US$23.50m
Revenue (TTM)US$867.50m

125.6x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AGI income statement (TTM)
RevenueUS$867.50m
Cost of RevenueUS$347.90m
Gross ProfitUS$519.60m
ExpensesUS$496.10m
EarningsUS$23.50m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.06
Gross Margin59.90%
Net Profit Margin2.71%
Debt/Equity Ratio0%

How did AGI perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

142%

Payout Ratio

Valuation

Is Alamos Gold undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AGI (CA$9.63) is trading below our estimate of fair value (CA$36.48)

Significantly Below Fair Value: AGI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AGI is poor value based on its PE Ratio (125.6x) compared to the Canadian Metals and Mining industry average (10.4x).

PE vs Market: AGI is poor value based on its PE Ratio (125.6x) compared to the Canadian market (12.8x).


Price to Earnings Growth Ratio

PEG Ratio: AGI is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: AGI is good value based on its PB Ratio (1.1x) compared to the CA Metals and Mining industry average (2.5x).


Future Growth

How is Alamos Gold forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

43.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AGI's forecast earnings growth (43.3% per year) is above the savings rate (1.5%).

Earnings vs Market: AGI's earnings (43.3% per year) are forecast to grow faster than the Canadian market (12.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AGI's revenue (1.7% per year) is forecast to grow slower than the Canadian market (6.2% per year).

High Growth Revenue: AGI's revenue (1.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AGI's Return on Equity is forecast to be low in 3 years time (2%).


Past Performance

How has Alamos Gold performed over the past 5 years?

61.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AGI has a large one-off loss of $232.7M impacting its June 30 2021 financial results.

Growing Profit Margin: AGI's current net profit margins (2.7%) are lower than last year (8.3%).


Past Earnings Growth Analysis

Earnings Trend: AGI has become profitable over the past 5 years, growing earnings by 61.2% per year.

Accelerating Growth: AGI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AGI had negative earnings growth (-57.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (116%).


Return on Equity

High ROE: AGI's Return on Equity (0.9%) is considered low.


Financial Health

How is Alamos Gold's financial position?


Financial Position Analysis

Short Term Liabilities: AGI's short term assets ($494.0M) exceed its short term liabilities ($149.8M).

Long Term Liabilities: AGI's short term assets ($494.0M) do not cover its long term liabilities ($653.1M).


Debt to Equity History and Analysis

Debt Level: AGI is debt free.

Reducing Debt: AGI has no debt compared to 5 years ago when its debt to equity ratio was 16.9%.

Debt Coverage: AGI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AGI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

1.33%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AGI's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.64%).

High Dividend: AGI's dividend (1.33%) is low compared to the top 25% of dividend payers in the Canadian market (4.51%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, AGI has been paying a dividend for less than 10 years.

Growing Dividend: AGI's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (142%), AGI's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AGI's dividends in 3 years are forecast to be thoroughly covered by earnings (9.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average management tenure


CEO

John McCluskey (61 yo)

18.67yrs

Tenure

US$3,183,863

Compensation

Mr. John A. McCluskey has been the President and Chief Executive Officer of Alamos Gold, Inc., since November 2003 and February 2003 respectively and serves as its Director. Mr. McCluskey began his career...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD3.18M) is about average for companies of similar size in the Canadian market ($USD2.93M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AGI's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: AGI's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Alamos Gold Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Alamos Gold Inc.
  • Ticker: AGI
  • Exchange: TSX
  • Founded: 2003
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$3.715b
  • Shares outstanding: 392.34m
  • Website: https://www.alamosgold.com/

Number of Employees


Location

  • Alamos Gold Inc.
  • 181 Bay Street
  • Suite 3910
  • Toronto
  • Ontario
  • M5J 2T3
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 22:32
End of Day Share Price2021/09/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.