Alamos Gold Achieves $435M Q4 Net Earnings, Boosts Dividend 60%
Alamos Gold posted Q4 net earnings of $435M ($1.03/share) including a $227M after-tax asset sale gain, and full-year operating cash flow reached $924M ($2.20/share) with free cash flow of $352M. It sold 142,000 ounces at $3,998/oz in Q4, produced 545,000 ounces in 2025, raised its dividend by 60%, and refiled 2025 statements to correct audit opinion errors with no impact on results.
1. Q4 and Full-Year Financial Highlights
Alamos Gold recorded Q4 net earnings of $435 million ($1.03/share), including a $227 million after-tax gain from non-core asset sales and a $35 million loss on hedge derivatives. Full-year operating cash flow reached $924 million ($2.20/share) and free cash flow totaled $352 million.
2. Production, Revenue and Shareholder Returns
In Q4, the company sold 142,000 ounces at $3,998 per ounce, generating $575 million in quarterly revenue. Full-year production was 545,000 ounces, revenue rose 34% to $1.8 billion, capital expenditures hit $507 million, and shareholder returns doubled to $81 million with a 60% dividend increase.
3. Administrative Refiling of Financial Statements
The company refiled its consolidated 2025 and 2024 financial statements to correct an administrative error in the audit opinion; there were no changes to reported results.