Alamos Gold Q2 FY26 net earnings rise 70% to USD 270.4 million; revenue climbs 36% to USD 594.1 million
Reuters2026/07/29 21:22- Alamos Gold posted Q2 2026 net earnings of USD 270.4 million, up 70% year over year; revenue rose 36% to USD 594.1 million.
- Earnings from operations climbed 65% to USD 357.3 million as average realized gold price increased 40% to USD 4,504 per ounce.
- Gold production fell 5% to 130,600 ounces, as record 67,500 ounces at the Island Gold District offset weaker Mulatos and Young-Davidson output.
- Free cash flow rose 70% to USD 143.5 million; cash and cash equivalents totaled USD 636.9 million at quarter-end.
- 2026 guidance was cut to 510,000-560,000 ounces; total cash cost outlook increased to USD 1,175-1,275 per ounce, AISC to USD 1,775-1,875.
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