Alamos Gold Inc. shares drop sharply after the company cuts its production guidance for the second quarter following earthquakes that damage a major mine. Multiple reports say the disruption follows an earthquake event at the site that affects operations, prompting the company to revise output expectations downward. As a result, investors react negatively, with the stock declining the most since 2020, according to one outlet. The guidance change reflects reduced production capacity during repairs and recovery efforts at the affected mine. Alamos Gold is described as one of Canada’s larger gold producers, with nearly 550,000 ounces produced in the prior year, underscoring the potential impact that the mine disruption can have on overall output. The company’s updated outlook centers on near-term production rather than a longer-term business change, though the final timing and extent of restoration depend on ongoing assessment of damage and operational constraints at the site.