Equity Valuation Essay

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(Mining) Alamos Gold Date: March 06, 2012 Ticker: AGI.TO | Recommendation: sell | Price: 16.97 | Price Target: 14.59 | Alamos Gold is the function of a merger between Alamos Minerals and National Gold, it is primarily a gold mining company 15 corporate employees. The company is a publicly traded in the TSX under “AGI” at March 06, 2012t price per share of $16.97. the merger among both companies took place February 21, 2003. Alamos Gold is headquartered in Toronto, with sales around the world. In its merger, the corporation has been successful in obtaining many successful mines, including the Salamander concessions in the Mulatos District of Northern Mexico; the mine started operations in April of 2006, and quickly became the most cost efficient mine in the area. As a result of its ability to reach economies of scale, Alamos Gold was able to produce 178,500 ounces of gold in 2010. Alamos Gold is constantly expanding, and in 2010 acquired two projects in Northern Turkey. In 2012, Alamos Gold was valued at 2.2 billion with approximately 197 million in cash, and 119,110,000 shares outstanding. Market Profile | Beta | 0.36 | 52 Week Price Range | $13.26 - $21.00 | Debt to Equity | 0 | Shares Outstanding | 119,110,000 | Earnings Per Share Growth | 0.50 | Market Capitalization | $2,200,000,000 | Book Value Per Share | 3.88 | Average Trading Volume | 439,992 | Return on Investment | 12.81% | Return on Equity | 12.18 % | Dividend Yield | 0.71 | Return on Assets | 11.94 % | GLOBAL ECONOMY Unemployment rates have historically held steady, however, due to the recent recession of 2008, unemployment rates have escalated as high as 7.3% nations deficits have internationally risen in correlation to the fact that national revenues have suffered due to this fact. The post 2008 crisis debt payback strategies will put growth

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