Alamos Gold Meets Q2 Production Guidance, Raises AISC Warning

Alamos Gold Inc. (AGI) reported its Q2 2026 earnings on Thursday, July 30, 2026. The company's gold production met the revised quarterly guidance range of 130,000 to 135,000 ounces at 130,600 ounces.

The average realized gold price was $4,504 per ounce, compared to the London PM Fix of $4,506 per ounce. All-in sustaining costs (AISC) decreased by 7% from the first quarter of 2026 due to timing of sustaining capital expenditures, reaching $1,728 per ounce.

However, total cash costs increased by 6% from the prior quarter at $1,303 per ounce. Adjusted net earnings reached $247.6 million, or $0.59 per share, including an after-tax adjustment for net gains on commodity hedge derivatives.