Alamos Gold reported October 28 that third-quarter revenue increased to $510.4 million from $462.3 million a year earlier, while net earnings fell to $165.6 million from $276.3 million.
Basic earnings were 40 cents a share for the quarter ended September 30. Adjusted earnings, which exclude specified items, rose to $184 million, or 44 cents a share, from $155.5 million, or 37 cents.
The company produced 119,000 ounces of gold, down from 141,700 a year earlier. Its average realized gold price increased to $4,258 an ounce from $3,359, helping distinguish revenue growth from declining production.
Chief Executive John McCluskey said record output at the Island Gold District offset part of a planned decline at Young-Davidson. He expects higher production and lower costs in the fourth quarter and said the company remains on track for its revised annual guidance.
Alamos reported $597.4 million in cash and cash equivalents at September 30. The results and management's forward expectations are separate; the projected improvement is not a completed outcome.
All financial figures are in U.S. dollars.
Sources Alamos Gold third-quarter results, October 28, 2026.