Which Is a Better Investment, Alamos Gold Inc or Iamgold Corp Stock?

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Sifting through countless of stocks in the Metals & Mining – Gold industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Iamgold Corp or Alamos Gold Inc because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Iamgold Corp and Alamos Gold Inc compare based on key financial metrics to determine which better meets your investment needs.

About Iamgold Corp and Alamos Gold Inc

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. The Company’s principal activities are the exploration, development and operation of gold mining properties in North America and West Africa. Its projects include Essakane, Westwood and Cote Gold. The Essakane project is located in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 kilometers (km) northeast of the capital, Ouagadougou. The Westwood Project is located on the Doyon property, 2.5 km east of the former Doyon Gold Mine in Bousquet Township. The Cote Gold Project is located in the Chester and Yeo Townships, District of Sudbury, in northeastern Ontario. The Company owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau, Quebec, Canada. It also holds claims of Nelligan, as well as other earlier stage exploration properties in Northern Quebec.

Alamos Gold Inc. is a Canada-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a portfolio of development projects, including the Phase 3+ expansion at Island Gold, and the Lynn Lake Project in Manitoba, Canada. The Young-Davidson gold mine is located near the town of Matachewan, approximately 60 kilometers (km) west of Kirkland Lake in Northern Ontario, within the Abitibi Greenstone Belt. The Island Gold mine is located just east of the town of Dubreuilville, about 83 km northeast of Wawa in Northern Ontario. The Mulatos mine is in the Sierra Madre Occidental Mountain range in the east-central portion of the State of Sonora, Mexico. It also owns Qiqavik Gold Project in Northern Quebec within the Cape Smith Belt, with a number of high-grade gold and gold copper showings.

Latest Metals & Mining – Gold and Iamgold Corp, Alamos Gold Inc Stock News

As of May 15, 2024, Iamgold Corp had a $2.2 billion market capitalization, compared to the Metals & Mining – Gold median of $447.4 million. Iamgold Corp’s stock is NA in 2024, NA in the previous five trading days and up 39.56% in the past year.

Currently, Iamgold Corp’s price-earnings ratio is 15.9. Iamgold Corp’s trailing 12-month revenue is $1.1 billion with a 12.5% net profit margin. Year-over-year quarterly sales growth most recently was 49.8%. Analysts expect adjusted earnings to reach $0.254 per share for the current fiscal year. Iamgold Corp does not currently pay a dividend.

Currently, Alamos Gold Inc’s price-earnings ratio is 23.1. Alamos Gold Inc’s trailing 12-month revenue is $1.4 billion with a 19.4% net profit margin. Year-over-year quarterly sales growth most recently was 10.4%. Analysts expect adjusted earnings to reach $0.701 per share for the current fiscal year. Alamos Gold Inc currently has a 0.8% dividend yield.

How We Compare Iamgold Corp and Alamos Gold Inc Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Iamgold Corp and Alamos Gold Inc’s stock grades to see how they measure up against one another.

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