Allied Gold Corporation is being acquired by Zijin Gold at C$44/share in a C$5.5B all-cash deal, pending final Chinese NDRC approval. Deal closure hinges on NDRC's assessment of the offer price post-gold drop and Mali's heightened security risk after a recent abduction incident. Market currently prices in only a 5% probability of deal completion, with standalone AAUC value estimated at ~$20/share using African gold miner comps.
AAUC, ABR and AUGO have been added to the Zacks Rank #5 (Strong Sell) List on July 21, 2026.
Copper refining now has a Strait of Hormuz problem.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Joseph Castro Nuveen LLC | 76,423 | $1.34M | $1.56M | $224,011.25 | 16.77% |
| KMT Kirk M. Tokheim Ameritas Advisory Services LLC | 11 | $341.44 | $223.96 | -$117.48 | -34.41% |
Kevin Mandy Mudita Advisors LLP | 160,234 | $3.67M | $3.27M | -$392,573.3 | -10.71% |
Matthew Zienty Cardinal Point Capital Management ULC | 19,320 | $309,063.67 | $396,446.4 | $87,382.73 | 28.27% |
Christopher C. Powers Farther Finance Advisors, LLC | 470 | $12,398.6 | $9,592.7 | -$2,805.9 | -22.63% |
| Metals & Mining Industry | Materials Sector | Peter J. Marrone CEO | NYSE Exchange | 01921D204 CUSIP |
| CA Country | 7,834 Employees | - Last Dividend | 22 May 2025 Last Split | - IPO Date |
Allied Gold Corporation, with its headquarters anchored in Toronto, Canada, operates in the sphere of mineral exploration and production, focusing primarily on the African continent. Through its various subsidiaries, the company is vigorously involved in the exploration and development of gold and silver ore deposits. Among its prolific portfolio, the Sadiola gold project, situated in the Republic of Mali, stands as the company's flagship project. This open pit mine exemplifies the company's operational capability and exploration success. In addition to the Sadiola project, Allied Gold Corporation has expanded its exploration and exploitation footprint to include significant interests in the Bonikro and Hiré mines in Côte d'Ivoire, the Agbaou mine which is also located in Côte d'Ivoire, and the Kurmuk gold project in Ethiopia. This diversified portfolio underscores the company's strategic approach to capturing value within the gold and silver mining sector across various geographical locations within Africa.
Located in the Republic of Mali, the Sadiola gold project is Allied Gold Corporation’s flagship operation. It is characterized by an open pit mining technique. The gold extracted from this site highlights the company’s commitment to exploiting high-value ore deposits within Africa, contributing significantly to its production output and financial sustainability.
In the heart of Côte d'Ivoire, the Bonikro and Hiré mines form a crucial part of Allied Gold’s portfolio. These mines specialize in the extraction of gold ore, contributing to both local economies and the overall production capacity of Allied Gold Corporation. These assets underscore the company’s strategic presence in Côte d'Ivoire and its ability to manage and operate multiple sites.
Also located in Côte d'Ivoire, the Agbaou mine reinforces Allied Gold Corporation’s strong position in the country. This site is known for its efficient gold production operations. Through its activities here, the company underlines its commitment to exploring and developing mining opportunities in environments that offer substantial geological potential for high-grade ore deposits.
The Kurmuk gold project, situated in Ethiopia, represents the company’s expansion into East African mining territories. This project showcases Allied Gold Corporation's proactive exploration strategy, aiming to harness untapped geological landscapes for gold mining. This endeavor highlights the company’s dedication to diversifying its production base and exploring new opportunities beyond its traditional territories.