TORONTO (AP) — TORONTO (AP) — Alamos Gold Inc. (AGI) on Wednesday reported third-quarter earnings of $165.6 million.
The Toronto-based company said it had net income of 39 cents per share. Earnings, adjusted for non-recurring costs, came to 43 cents per share.
The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 43 cents per share.
The gold mining company posted revenue of $510.4 million in the period.
Alamos Gold shares have decreased 18% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $31.52, decreasing slightly in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGI at https://www.zacks.com/ap/AGI
