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The latest update is out from Allied Gold Corporation ( (TSE:AAUC) ).
Allied Gold Corporation has announced its 2025 operating guidance and medium-term outlook, projecting an annual gold production between 375,000 and 400,000 ounces. The company is making significant progress at its Kurmuk and Sadiola sites, with Kurmuk expected to begin mining activities in early 2025 and aim for significant production by 2026, while Sadiola is undergoing an expansion to enhance processing capacity. These initiatives are aimed at strengthening Allied’s market positioning and reducing costs, indicating a positive growth trajectory for stakeholders.
More about Allied Gold Corporation
Allied Gold Corporation is a mining company focused on gold production, with operations in multiple regions. The company is engaged in the extraction and processing of gold, with a strategic emphasis on expanding its production capacity and optimizing operational costs.
YTD Price Performance: 14.47%
Average Trading Volume: 533,624
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.51B
Learn more about AAUC stock on TipRanks’ Stock Analysis page.