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Allied Gold to Begin Trading on NYSE, Marking Growth Milestone

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Allied Gold to Begin Trading on NYSE, Marking Growth Milestone

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The latest announcement is out from Allied Gold Corporation ( (TSE:AAUC) ).

Allied Gold Corporation has announced that its common shares have been approved for listing on the New York Stock Exchange, with trading set to commence on June 9, 2025, under the ticker symbol ‘AAUC’. This milestone is expected to broaden Allied’s investor base, enhance capital access, improve trading liquidity, and increase research coverage, positioning the company for potential inclusion in broader market indices.

The most recent analyst rating on (TSE:AAUC) stock is a Buy with a C$24.00 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 scores a 64, reflecting a balanced view of its strengths and challenges. The company benefits from strong revenue growth and positive technical indicators, as well as beneficial corporate events supporting future growth potential. However, profitability and liquidity issues, along with valuation concerns, weigh on the score. The company’s strategic initiatives show promise for future growth, but financial stability needs addressing to boost investor confidence.

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 a significant growth profile, operating a portfolio of three producing assets and development projects in Côte d’Ivoire, Mali, and Ethiopia. The company aims to become a mid-tier, next-generation gold producer in Africa and ultimately a leading senior global gold producer.

Average Trading Volume: 296,986

Technical Sentiment Signal: Buy

Current Market Cap: C$2.27B

For a thorough assessment of AAUC stock, go to TipRanks’ Stock Analysis page.

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