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Canadian gold mining company operating mines in Ontario (Young-Davidson, Island Gold) and Mulatos, Mexico.
Canadian gold mining company operating mines in Ontario (Young-Davidson, Island Gold) and Mulatos, Mexico.
Same company as the NYSE-listed AGI. Sells gold at spot prices, now mostly from its two Ontario mines, with Mulatos in Mexico the older operation; the 2024 purchase of Argonaut Gold added the Magino mine, shifting weight toward Canada.
In one line: A mid-tier Canadian gold producer.
Moat: narrow (installed base, scale). Established, growing gold mines in a favourable jurisdiction (Ontario) alongside a producing Mexican asset.
Headquarters: Toronto, Canada · Founded: 2003 · Employees: 2,400
Size Alamos Gold (AGI.TO) is a Canada Materials company (Precious Metals) with a market value of $13.4B, the 62nd largest of 420 Canada companies the cockpit tracks. Shares closed at C$44.95 on 6 Nov 2026.
Performance Over six months the shares fell 22.3%, against -7.6% for the median peer and +5.2% for the Canada market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 40.5% over the last twelve months (peer median +43.2%); the operating margin is 56.7% (peer median 44.3%).
Valuation It trades at 11.3× forward earnings against a peer median of 11.8× (10th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is -13 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 9.7 points above its cost of capital (10.7% WACC).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$3.16B | C$2.53B | C$1.85B | C$1.38B | C$1.07B |
| Revenue growth | — | +37% | +34% | +29% | — |
| Gross profit | C$1.89B | C$1.35B | C$767M | C$487M | C$247M |
| EBITDA | C$2.07B | C$1.52B | C$984M | C$686M | C$418M |
| Net income | C$1.48B | C$1.24B | C$389M | C$283M | C$48.3M |
| Free cash flow | C$244M | C$372M | C$330M | C$167M | -C$20.8M |
| Capital expenditure | C$1.04B | C$711M | C$572M | C$471M | C$408M |
| Total debt | C$322M | C$306M | C$412M | C$1.32M | C$2.03M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Alamos Gold AGI.TO | $13.4B | -22% | +41% | 57% | 11.3× | 7.8% |
| Agnico Eagle Mines AEM.TO | $98.4B | +6% | +41% | 59% | 16.9× | 8.4% |
| Kinross Gold K.TO | $26.4B | -25% | +30% | 51% | 8.5× | -3.9% |
| Equinox Gold EQX.TO | $13.5B | -17% | +63% | 36% | 9.7× | 21.0% |
| Eldorado Gold ELD.TO | $9.37B | +11% | +25% | 45% | 7.7× | n/a |
| IAMGOLD IMG.TO | $10.8B | +6% | +83% | 48% | 9.1× | 1.4% |
| B2Gold BTO.TO | $7.19B | +13% | +72% | 46% | 6.1× | -7.0% |
| OceanaGold OGC.TO | $6.27B | -5% | +56% | 44% | 7.1× | -5.4% |
| Torex Gold Resources TXG.TO | n/a | +19% | n/a | n/a | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | AGI.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | 0.0% | -1.3% | 10th highest of 21 |
| 6-month return | -22.3% | -7.6% | 5th lowest of 21 |
| Distance from 52-week high | -40.7% | -33.8% | 8th lowest of 21 |
| Revenue growth (TTM) | +40.5% | +43.2% | 11th highest of 21 |
| Operating margin | 56.7% | 44.3% | 4th highest of 21 |
| Forward P/E | 11.3× | 11.8× | 10th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 7.8% | 5.1% | 8th most demanding of 18 |
| Growth delivered (Del g) | +20.3% | +17.9% | 8th highest of 18 |
| Hurdle (Req g minus delivered) | -12.5 pp | -17.6 pp | 7th most demanding of 18 |
| ROIC minus cost of capital | +9.7 pp | +12.4 pp | 8th lowest of 19 |
| EV / EBITDA | 8.8× | 8.6× | 9th cheapest of 17 |
| Net debt / EBITDA | -0.3× | -0.1× | 8th least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Alamos Gold AGI.TO | Canada | $13.4B | -22% | +41% | 57% | 11.3× | 7.8% | +20.3% |
| Equinox Gold EQX.TO | Canada | $13.5B | -17% | +63% | 36% | 9.7× | 21.0% | +17.5% |
| Endeavour Mining EDV.TO | Canada | $13.7B | -10% | +27% | 47% | 9.3× | -6.5% | +25.4% |
| Zhongjin Gold 600489.SS | China | $15.1B | -20% | +25% | 13% | 11.4× | -5.9% | +10.5% |
| Chifeng Jilong Gold Mining 600988.SS | China | $11.6B | -2% | +23% | 43% | 17.4× | -5.7% | +22.6% |
| Coeur Mining CDE | United States | $15.9B | -17% | +117% | 35% | 12.1× | 10.9% | +21.6% |
| Shandong Gold Mining 1787.HK | Hong Kong | $16.4B | -42% | +12% | 13% | 11.1× | n/a | n/a |
| IAMGOLD IMG.TO | Canada | $10.8B | +6% | +83% | 48% | 9.1× | 1.4% | +19.1% |
| Lundin Gold LUG.TO | Canada | $17.0B | +7% | +36% | 65% | 16.0× | 9.9% | +39.0% |
| Pan American Silver PAAS.TO | Canada | $17.2B | -26% | +37% | 39% | 9.5× | 4.4% | +23.0% |
| Shanjin International Gold 000975.SZ | China | $10.2B | -6% | -4% | 36% | 15.2× | -5.7% | +16.7% |
| G Mining Ventures GMIN.TO | Canada | $9.98B | -10% | +72% | 66% | 19.4× | n/a | n/a |
| Hecla Mining HL | United States | $9.90B | -21% | +30% | 48% | 18.1× | 8.0% | +15.0% |
| Evolution Mining EVN.AX | Australia | $18.3B | -4% | +28% | 42% | 13.4× | 10.8% | +24.4% |
| Harmony Gold Mining Co. Ltd. Sponsored ADR HMY | United States | $9.84B | -3% | +50% | 45% | 5.3× | -14.1% | +17.7% |
| Eldorado Gold ELD.TO | Canada | $9.37B | +11% | +25% | 45% | 7.7× | n/a | n/a |
| China Gold International Resources CGG.TO | Canada | $9.08B | +10% | +53% | 56% | 9.7× | 5.2% | +10.4% |
| DPM Metals DPM.TO | Canada | $8.61B | +18% | +96% | 55% | 10.1× | 5.1% | +8.6% |
| Royal Gold RGLD | United States | $22.5B | +11% | +94% | 63% | 20.9× | 10.9% | +15.6% |
| Zhaojin Mining Industry 1818.HK | Hong Kong | $7.87B | -42% | +49% | 34% | 17.0× | -2.5% | +17.9% |
| First Majestic Silver AG.TO | Canada | $7.52B | -27% | +96% | 44% | 18.1× | 9.2% | +29.2% |