Hebba Investments
Long only, value, contrarian, gold & precious metals

What It Really Costs To Mine Gold: The Alamos Gold First-Quarter Edition

Summary

Alamos Gold (NYSE:AGI) offers investors a gold miner with some of the lowest true all-in costs in the industry and a very strong balance sheet. Management has demonstrated over the last few years that they have been adept at keeping costs low even as competitors' costs ballooned, and the company continues to increase its gold production.

Events in Turkey have put a little bit of a dent in AGI's share price, but we believe it is overdone and thus provides investors with a strong gold miner at a temporary discount.

Introduction

In an earlier article, we discussed one of the most important metrics to analyze the gold industry, the actual cost of mining an ounce of...

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