Allied Gold Ramps Up Sadiola Expansion as Quarterly Output Climbs

Allied Gold Corporation ( (TSE:AAUC) ) just unveiled an update.

Allied Gold Corporation has begun processing ore through the new fresh ore comminution circuit at the Phase 1 expansion of its Sadiola mine in Mali, a key step in its strategy to boost production, lower costs and increase cash flows from this long-life asset. The Phase 1 upgrade will allow Sadiola to lift the share of higher-grade fresh ore in its feed from about 20% to 60% at an expected throughput of 5.7 million tonnes per year, with full benefits expected from the first quarter of 2026, and is supported by planned installation of a pre-leach thickener and processing plant control system upgrades that also underpin a more capital-efficient, modular Phase 2 expansion targeted to be completed by 2029. Allied expects Sadiola’s annual production to rise to 200,000–230,000 ounces of gold from 2026, up 17%–30% from 2023 levels, while Phase 2 is anticipated to deliver additional life-of-mine production gains; in the near term, stronger output from Sadiola and robust contributions from its Côte d’Ivoire operations, particularly Bonikro, are set to lift fourth-quarter company-wide production to more than 113,000 ounces and keep Allied on track to exceed 375,000 ounces of gold for the year, reinforcing its growth trajectory and operational momentum in West Africa.

The most recent analyst rating on (TSE:AAUC) stock is a Hold with a C$33.00 price target. To see the full list of analyst forecasts on Allied Gold Corporation stock, see the TSE:AAUC Stock Forecast page.

Spark’s Take on TSE:AAUC Stock

According to Spark, TipRanks’ AI Analyst, TSE:AAUC is a Neutral.

Allied Gold Corporation’s overall score is driven by strong technical momentum and a positive earnings call outlook, offset by weak financial performance and valuation. The company’s revenue growth and operational improvements are promising, but profitability and cash flow issues need addressing.

To see Spark’s full report on TSE:AAUC stock, click here.

More about Allied Gold Corporation

Allied Gold Corporation is a Canadian-based gold producer with three operating mines and development projects in Côte d’Ivoire, Mali and Ethiopia. The company is focused on exploration, construction and operational enhancements to build a significant growth profile in Africa, with the goal of evolving from a mid-tier, next-generation gold producer into a leading senior global gold producer.

Average Trading Volume: 607,753

Technical Sentiment Signal: Buy

Current Market Cap: C$4B

Find detailed analytics on AAUC stock on TipRanks’ Stock Analysis page.