Alamos Gold Gets A Boost As Management Is Optimistic On Turkish Project

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About: Alamos Gold Inc. (AGI)
by: Vladimir Zernov
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Vladimir Zernov
Long/short equity
Summary

Alamos Gold reports Q3 2019 results.

Operating cash flow covers investment needs as higher gold prices provide support.

The management paints a rather optimistic picture of Kirazli's future.

Alamos Gold (AGI) has recently reported its third-quarter results. The company’s shares have previously been under intense pressure following Turkey’s failure to renew mining concessions for the Kirazli project that the company