David Gower - Alamos Gold Independent Director

AGI Stock  CAD 32.69  1.09  3.23%   

Director

Mr. David Patrick Gower serves as Independent Director of Alamos Gold Inc. Mr. Gower was involved in the mineral industry for over 25 years, including positions with Falconbridge Limited and Noranda Inc. . While at Falconbridge he was General Manager of Global Nickel and PGM Exploration and a member of the senior operating team that approved capital budgets for new mining projects. Mr. Gower was involved in numerous discoveries and mine development projects, including brown field discoveries at Raglan, Matagami, and Sudbury, Canada and green field discoveries in Brazil and at Kabanga in Tanzania. Since 2006, Mr. Gower has also been an executive of two junior mineral exploration companies of the Forbes and Manhattan Group both focused in South America with advanced projects in Brazil and Bolivia. Mr. Gower was the President of Brazil Potash Corporationration since 2009 which is developing the largest and highest grade potash deposit in Brazil. He also serves as a Director of Apogee Opportunities Inc., Emerita Resources Corporationration and Aguia Resources Ltd since 2009.
Age 60
Tenure 16 years
Address Brookfield Place, Toronto, ON, Canada, M5J 2T3
Phone416-368-9932
Webhttps://www.alamosgold.com
Gower has a BS degree in Geology from Saint Francis Xavier University and a MS degree in Earth Sciences from Memorial University.

Alamos Gold Management Efficiency

The company has return on total asset (ROA) of 0.0631 % which means that it generated a profit of $0.0631 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0874 %, meaning that it generated $0.0874 on every $100 dollars invested by stockholders. Alamos Gold's management efficiency ratios could be used to measure how well Alamos Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of February 2025, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.12. At this time, Alamos Gold's Intangibles To Total Assets are very stable compared to the past year. As of the 27th of February 2025, Fixed Asset Turnover is likely to grow to 0.45, while Non Currrent Assets Other are likely to drop about 27.9 M.
Alamos Gold has accumulated 1.75 B in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Alamos Gold has a current ratio of 2.21, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Alamos Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Alamos Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Alamos Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alamos to invest in growth at high rates of return. When we think about Alamos Gold's use of debt, we should always consider it together with cash and equity.

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Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. The company was incorporated in 2003 and is headquartered in Toronto, Canada. ALAMOS GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 1700 people. Alamos Gold (AGI) is traded on Toronto Exchange in Canada and employs 2,400 people. Alamos Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Alamos Gold Leadership Team

Elected by the shareholders, the Alamos Gold's board of directors comprises two types of representatives: Alamos Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alamos. The board's role is to monitor Alamos Gold's management team and ensure that shareholders' interests are well served. Alamos Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alamos Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Porter, Chief Financial Officer
J Prichard, Independent Director
Nathan PEng, Chief Gold
PEng MBA, VP Projects
David Fleck, Independent Director
John McCluskey, President, Chief Executive Officer, Director
Rebecca BA, Vice Affairs
Colin Webster, Vice President - Sustainability and External Affairs
Ronald Smith, Independent Director
MBA CHRL, VP HR
Gregory Fisher, Vice President - Finance
Claire Kennedy, Independent Director
Christine Barwell, Vice President - Human Resources
Monique Mercier, Independent Director
Elaine Ellingham, Independent Director
BA MSc, VP Mexico
Christopher Rockingham, Vice President - Exploration
Scott CFA, Senior Relations
BA LLB, Sr Counsel
Kenneth Stowe, Independent Director
BASc CPA, Chief Officer
MSW MBA, Vice Resources
Nils Engelstad, Vice President General Counsel
Peter MacPhail, Chief Operating Officer
MBA MSc, Vice Exploration
Paul Murphy, Non-Executive Independent Chairman of the Board
Luis Chavez, Senior Vice President - Mexico
David Gower, Independent Director
Andrew Cormier, Vice President - Development and Construction
BComm CPA, Chief Officer
Christopher Bostwick, Vice President - Technical Services
FAusIMM BSc, Senior Services
Scott Parsons, Vice President - Investor Relations

Alamos Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Alamos Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Alamos Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alamos Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alamos Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alamos Stock

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Moving against Alamos Stock

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The ability to find closely correlated positions to Alamos Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alamos Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alamos Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alamos Gold to buy it.
The correlation of Alamos Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alamos Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alamos Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alamos Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Alamos Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alamos Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alamos Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alamos Gold Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Alamos Stock, please use our How to Invest in Alamos Gold guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Please note, there is a significant difference between Alamos Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamos Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamos Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.