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Topic: Growth Stocks

ALAMOS GOLD $7.83

ALAMOS GOLD $7.83 (Toronto symbol AGI; TSINetwork Rating: Speculative) (604-681- 2802; www.alamosgold.com; Shares outstanding: 268.2 million; Market cap: $2.1 billion; Dividend yield: 0.3%) owns the Mulatos and El Chanate mines in Mexico and the Young-Davidson mine in northern Ontario.

In the three months ended December 31, 2015, Alamos’s gold production rose 5.7%, to a record 104,734 ounces from 99,083 a year earlier. However, lower gold prices offset the higher production. That caused the company’s cash flow per share to fall to $0.07 from $0.22 (all figures except share price in U.S. dollars). Alamos holds cash of $289.6 million.

The company’s outlook is positive, but like most gold producers, its shares will be heavily influenced by the future direction of gold prices.

Alamos Gold is a hold.

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