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An update from Allied Gold Corporation ( (TSE:AAUC) ) is now available.
Allied Gold Corporation announced record gold production in the fourth quarter of 2024, achieving 99,632 ounces, aligning with its production guidance and marking a 16% increase from previous quarters. The Sadiola Mine and CDI Complex were key contributors, while the company’s financial position remains strong with cash balances expected to exceed $340 million. Ongoing growth projects, including the Kurmuk project and Sadiola’s expansion, are progressing well.
More about Allied Gold Corporation
Allied Gold Corporation is a company operating in the mining industry, primarily focused on gold production. It is listed on the Toronto Stock Exchange and the OTCQX market, with operations that include producing mines and ongoing exploration projects.
YTD Price Performance: -11.05%
Average Trading Volume: 563,047
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.11B
For detailed information about AAUC stock, go to TipRanks’ Stock Analysis page.
