Allied Gold Corp

AAUC

Equity

ISIN null / Valor 129535999

Toronto Stock Exchange (2026-09-08)

CAD 31.60-3.19%

Allied Gold Corp
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Allied Gold Corp, listed on the Toronto Stock Exchange under the ticker AAUC, operates as an international gold mining entity with a focus on the exploration, development, and production of gold. The company boasts a diversified portfolio that spans several stages of the mining lifecycle, from production to development, across various African countries known for their mining-friendly environments, including Mali, Côte d’Ivoire, and Ethiopia. Allied Gold Corp aims to enhance its production capabilities and reduce operational costs, striving for a significant increase in profitability and free cash flow. Its strategic approach involves expanding and optimizing current mining operations, leveraging synergies between existing and new projects, and pursuing growth through both accretive mergers and acquisitions and the advancement of its exploration activities. This strategy positions the company to capitalize on the potential for substantial near-term growth within its asset base.

Summarized from source with an LLMView SourceSector: Non-Energy Materials

Production & sales

Q2 2026 production: 97,429 oz (up 7% YoY). Sales: 93,970 oz. First half 2026 production totaled 193,445 oz, positioning Allied to meet producing-mines 2026 guidance of 385,000–425,000 oz (with production weighted to H2).

Financial results

Quarter revenue $366.3M; net earnings attributable to shareholders $37.2M (basic $0.29/share; diluted $0.27). Adjusted net earnings $55.4M (basic $0.44/share; diluted $0.40). EBITDA $165.0M and Adjusted EBITDA $166.9M for the three months ended June 30, 2026.

Costs & margins

Consolidated AISC $2,192/oz sold for Q2 2026 (in line with plan). Average realized spot price ~ $4,380/oz in the quarter (average revenue per at-market ounce reported ~$4,568), supporting strong AISC margins.

Cash flow & liquidity

Operating cash used of $67.4M in the quarter, driven by working capital timing; operating cash flows before income tax and working capital were a strong inflow of $133.0M. Cash and cash equivalents were $192.2M at June 30, 2026 (down from $479.8M at Dec 31, 2025). The company paid ~$158.9M in expansionary capex (mainly Kurmuk) and ~$129.7M in cash taxes in Q2.

Kurmuk & growth outlook

Kurmuk development remains on budget and on schedule with commissioning underway; start of operations expected in August 2026 and first gold a few weeks later. Kurmuk is forecast to produce 240,000–270,000 oz in 2027 and ~300,000 oz in 2028; Allied previously guided 100,000–150,000 oz for 2026 and will update H2 guidance once Kurmuk begins operations.

Strategic financing

Allied announced a subscription agreement with Zijin Gold for ~C$417M (~$295M) by way of ~12.8M shares (expected to own ~9.2% post-close). The private placement was expected to close on or before August 10, 2026, subject to customary conditions and exchange approvals.

Asset-level performance & capital deployment

By mine in Q2: Sadiola produced 48,080 oz (costs in line with plan), Bonikro 31,471 oz (strong beat vs prior year; AISC ~$1,409/oz), Agbaou 17,878 oz (AISC ~$2,047/oz). Total expansionary capex for H1 heavily weighted to Kurmuk; H1 capex (expansionary) was $232.3M.

Sustainability & safety

No significant environmental incidents reported in Q2 2026. TRIR for the three months ended June 30, 2026 was 1.46; LTIR was 0.29 (two lost-time injuries in the quarter).

Summarized from source with an LLMView Source

Key figures

47.4%1Y

%3Y

%5Y

Performance

49.5%1Y

54.8%3Y

54.8%5Y

Volatility