Alamos Gold (AGI) fell 18% on Friday after two seismic events and a loss of power at its Young-Davidson operations, which pushed management’s expected mining rates in the district down to 5K tpd for the rest of 2026…

… resulting in a 12% cut to Q2 production guidance. While exact numbers weren’t given, the company now expects to miss the low end of its full-year production target…

… and exceed the top end on costs, driving multiple compression as investors wait for more clarity to come with Q2 results.

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