Overview
- Management reported record 2025 revenue of about $1.8 billion and $352 million in free cash flow.
- Operational setbacks in December caused the company to miss 2025 production and cost guidance, with weather and seismic rehabilitation cited as key factors.
- Alamos outlines roughly 12% production growth in 2026, advances a 20,000 tpd Island Gold expansion, and targets about 1 million ounces annually by 2029.
- The company continues to unwind legacy Argonaut hedges, removing 230,000 ounces to date with about 100,000 ounces remaining through mid-2027.
- A $227 million after-tax gain on non-core asset sales lifted cash to approximately $623 million, supporting a 60% dividend increase and buyback flexibility.