Alamos Gold Provides Updated Three-year Production And Operating Guidance
Portfolio Pulse from Benzinga Newsdesk
Alamos Gold has updated its three-year production and operating guidance, projecting significant increases in gold production due to the Magino mine and expansions at Island Gold.
September 12, 2024 | 9:11 pm
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Alamos Gold has revised its production guidance upwards for the next three years, with significant increases due to the Magino mine and Island Gold expansions. This suggests potential revenue growth and improved operational performance.
The updated guidance indicates a substantial increase in gold production over the next three years, primarily due to the Magino mine and Island Gold expansions. This is likely to lead to higher revenues and improved financial performance, positively impacting the stock price.
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