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BRIEF-Alamos Gold Q4 Adjusted Earnings Per Share $0.01

Published 2019-02-20, 06:44 p/m
© Reuters.  BRIEF-Alamos Gold Q4 Adjusted Earnings Per Share $0.01
AGI
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Feb 20 (Reuters) - Alamos Gold Inc AGI.TO :

* ALAMOS GOLD - SEES UNDERGROUND MINING RATES FOR YOUNG-DAVIDSON MINE TO BE UP ABOVE 7,500 TPD IN H2 2020, TOWARDS LONG-TERM TARGET OF 8,000 TPD IN 2021

* ALAMOS REPORTS FOURTH QUARTER AND YEAR-END 2018 RESULTS

* Q4 ADJUSTED EARNINGS PER SHARE $0.01

* Q4 EARNINGS PER SHARE ESTIMATE $0.01 -- REFINITIV IBES DATA

* Q4 LOSS PER SHARE $0.18

* SEES 2019 TOTAL GOLD PRODUCTION 480,000-520,000 OUNCES

* SEES 2019 TOTAL CASH COSTS $710-750 PER OUNCE

* SEES 2019 TOTAL ALL-IN SUSTAINING COSTS $920-960 PER OUNCE

* SEES 2019 TOTAL CAPEX $290 MILLION - $315 MILLION

* GOLD PRODUCTION FROM YOUNG-DAVIDSON IS EXPECTED TO DECREASE IN 2020

* ALAMOS GOLD - DECREASE IN GOLD PRODUCTION AT YOUNG-DAVIDSON TO TEMPORARILY LIMIT UNDERGROUND THROUGHPUT, IMPACT 3 MONTHS OF PRODUCTION IN H1 2020

* EXPECTS STRONG FREE CASH FLOW GROWTH FROM YOUNG-DAVIDSON STARTING IN H2 2020

* QTRLY OPERATING REVENUES $64.4 MILLION VERSUS $66.8 MILLION

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