Alamos Gold Inc. (Alamos), a mining company, engages in the mining and extraction of, and exploration for, precious metals, primarily gold.
Alamos owns and operates the Island Gold District, consisted of the Island Gold mine (referred to herein as t…
Analysis
Hope premium
Alamos Gold Inc. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium.
On valuation, the picture is fair. The owner-earnings multiple stands at 21.8×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 7% a year, against analyst forecasts of 32%. The price, in other words, assumes less than the experts do.
Growth is solid; the safety picture is sturdy. The company scores 20/20 on our value-creation score: strong value creator. Analysts lean positive.
Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202325
70
2023202420252026
All-time high
95
Mar 2023
All-time low
25
Jan 2023
Average rank
78
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
27
13
13
22
Price/Earnings
28
41
19
29
Price/Book
37
22
24
79
Dividend Yield
61
48
36
36
Value (overall)
30
20
20
12
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.