NOTE: 4/13/2015 – Merged with AuRico Gold Inc. (AUQ). Finished up 8.70% that day. Will be analyzing the new company since it is made up of two of the companies that passed the test. Great merger.
Company
Alamos Gold Inc-Small Growth
Symbol
AGI
Risk
Aggressive
Company Profile
Alamos is a Canadian-based mid-tier gold producer that owns and operates the Mulatos Mine in Mexico, one of the lowest cost gold mines in the world. The Company has a leading growth profile with exploration and development activities in Mexico, Turkey and the United States.
Company Data from Annual Reports and 3rd Quarter 2014 10Q
Decrease in revenues and earnings loss last 3 months primarily due to record rainfall in September. Realized quarterly loss of $2.2 million ($0.02 per share) compared to earnings of $9.2 million ($0.07 per share) in the third quarter of 2013. all-in sustaining cost of $1,148 per ounce of gold sold. Costs for the third quarter were higher than budgeted given a severe rainy season that diluted solution grades and resulted in the deferral of production to the fourth quarter. Have to give them credit for a good 2013 when most other miners did not. Pays a semi-annual dividend.
Interpretation of Data from Financial Reports
Y-Good story, just had some weather issues. Will bounce back and of course move with the metal price. 12.78 52 week high and current price of 8.12. All time high of 20.53 in Jan. 2012. Owned by institutional investors and mutual funds.
Company Data from 4th Quarter 10Q and 2014 Annual Report
Increase in all in sustaining cost anticipated for 2015.
Decrease in weight on HUI
#16 HUI
#10 GDXJ
#27 GDX
Decrease in earnings from operations.
Net loss vs. gain in 2013.
Net loss per share of .02 vs. .30 gain in 2013.
Decrease in cash.
All In Sustaining Cost (AISC) Net of By-product Credits
Gold:
$996 Q4 2014
$1,022 Year End December 2014
$722 Year End December 2013
Anticipates 2015 to be $1,100
Current Buy Signal
Sidelines