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Share Capital (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of share capital, reserves and other equity interest [Abstract]  
Schedule of Common Stock Outstanding Roll Forward
 
Number of Shares
Amount
Outstanding at December 31, 2016
267,076,495

$2,822.2

Shares issued through:


 
Acquisition of Richmont Mines Ltd (note 5)
88,398,804

615.3

Equity financing (i)
31,450,000

241.8

Share-based compensation plans
542,250

3.5

Exercise of warrants
332,466

0.5

Flow-through share financing
1,301,535

8.4

Outstanding at December 31, 2017
389,101,550

$3,691.7

Shares issued through:
 
 
Share-based compensation plans
1,984,698

12.9

Exercise of warrants
163,955

0.6

Outstanding at December 31, 2018
391,250,203

$3,705.2

Disclosure of number and weighted average exercise prices of share options
The following is a continuity of the changes in the number of stock options outstanding:
 
Number
Weighted average exercise price (CAD$)
Outstanding at December 31, 2016
9,511,636

$10.87

Granted
578,490

9.62

Conversion of Richmont options to Alamos options (note 5)
2,863,146

3.53

Exercised
(510,673
)
6.23

Expired
(2,013,254
)
16.42

Outstanding at December 31, 2017
10,429,345

$7.94

Granted
1,009,100

6.56

Exercised
(1,984,698
)
2.40

Expired
(2,798,292
)
12.70

Outstanding at December 31, 2018
6,655,455

$7.38

Weighted average fair value assumptions used in the Black-Scholes valuation for stock options
The following table presents the weighted average fair value assumptions used in the Black-Scholes valuation:
For options granted in the year ended:
December 31, 2018
December 31, 2017
Weighted average share price at grant date (CAD$)
$6.56

$9.62

Risk-free rate
1.88% - 2.06%

0.91% - 1.35%

Expected dividend yield
0.70
%
0.70
%
Expected stock price volatility (based on historical volatility)
57
%
57
%
Expected life of option (months)
42 - 84

36 - 84

Weighted average per share fair value of stock options granted (CAD$)
$3.11

$4.27

Disclosure of number and weighted average remaining contractual life of outstanding share options
Stock options outstanding and exercisable as at December 31, 2018:
 
 
Outstanding
 
Exercisable
Range of exercise prices (CAD$)
 
Number of options
Weighted average exercise price (CAD$)
Weighted average remaining contractual life (years)
 
Number of options
Weighted average exercise price (CAD$)
$0.82 - $3.00
 
213,108

2.67

0.04

 
213,108

2.67

$3.01 - $7.00
 
2,668,070

4.97

4.52

 
1,136,011

4.18

$7.01 - $11.00
 
3,159,640

8.24

1.66

 
2,773,982

8.05

$11.01 - $15.00
 
249,777

13.15

0.67

 
249,777

13.15

$15.01 - $19.00
 
364,860

16.42

0.56

 
364,860

16.42

 
 
6,655,455

$7.38

2.65

 
4,737,738

$7.79

Stock options outstanding and exercisable by range of exercise prices
Stock options outstanding and exercisable as at December 31, 2018:
 
 
Outstanding
 
Exercisable
Range of exercise prices (CAD$)
 
Number of options
Weighted average exercise price (CAD$)
Weighted average remaining contractual life (years)
 
Number of options
Weighted average exercise price (CAD$)
$0.82 - $3.00
 
213,108

2.67

0.04

 
213,108

2.67

$3.01 - $7.00
 
2,668,070

4.97

4.52

 
1,136,011

4.18

$7.01 - $11.00
 
3,159,640

8.24

1.66

 
2,773,982

8.05

$11.01 - $15.00
 
249,777

13.15

0.67

 
249,777

13.15

$15.01 - $19.00
 
364,860

16.42

0.56

 
364,860

16.42

 
 
6,655,455

$7.38

2.65

 
4,737,738

$7.79

Continuity of the changes in the number of other long-term incentive plans (LTIP) outstanding
The following is a continuity of the changes in the number of other long-term incentive plans ("LTI") outstanding for the years ended December 31, 2018 and 2017:
 
Restricted share units ("RSU")
Stock appreciation rights ("SAR")
Deferred share units ("DSU")
Performance share units ("PSU")
Outstanding units, December 31, 2016
1,410,192

1,489,575

378,345

424,253

Granted
499,560


102,260

269,780

Conversion of Richmont units to Alamos units (note 5)
112,774




Forfeited
(171,452
)
(316,074
)

(65,451
)
Settled
(350,140
)
(117,976
)

(28,877
)
Outstanding units, December 31, 2017
1,500,934

1,055,525

480,605

599,705

Granted
611,717


164,808

440,420

Forfeited
(99,939
)
(482,533
)

(56,684
)
Settled
(445,016
)
(63,800
)


Outstanding units, December 31, 2018
1,567,696

509,192

645,413

983,441

Schedule of Earnings (loss) per share
 
For the years ended December 31,
 
2018
2017
Net (loss) earnings
($72.6
)
$26.6

Weighted average number of common shares outstanding
(in thousands)
389,816

305,521

Basic (loss) earnings per share

($0.19
)

$0.09

 
 
 
Dilutive effect of potential common share equivalents (in thousands)

3,500

 




Diluted weighted average number of common shares outstanding
(in thousands)
389,816

309,021

Diluted (loss) earnings per share

($0.19
)

$0.09

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
For the periods in which the Company records a loss, diluted loss per share is calculated using the basic weighted average number of shares outstanding, as using the diluted weighted average number of shares outstanding in the calculation would be anti-dilutive.
 
For the years ended December 31,
(in thousands)
2018
2017
Stock options
6,655

2,920

Warrants
5,215

12,232

 
11,870

15,152

Schedule of Share Purchase Warrants
The Company has the following share purchase warrants ("Warrants"), outstanding as at December 31, 2018 related to past acquisitions:
 
Number of warrants

Common shares issuable

Exercise price

Expiry date
 
(000s)

(000s)

CAD

 
AGI.WT.A
5,215

5,215

$10.00

January 7, 2019
 
5,215

5,215