Allied Gold Corporation (AAUC) AI Stock Analysis

• Market Cap: C$5.28B
• Dividend Yield: N/A
• Average Volume (3M): 701.76K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.13
• Revenue Growth: 49.65%
• EPS Growth: 71.84%
• Country: CA
• Employees: 2,252
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.40
• Shares Outstanding: 124,045,550
• 10 Day Avg. Volume: 557,482
• 30 Day Avg. Volume: 701,761
• PEG Ratio: -0.10
• Price to Book (P/B): 1.84
• Price to Sales (P/S): 0.87
• P/FCF Ratio: -7.60
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$44.50
• Price Target Upside: 4.63% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: C$44.00 ▲(3.46% Upside)

The score is held back primarily by weak profitability and deteriorating free cash flow despite strong revenue growth and manageable leverage. Offsetting this, the latest earnings call was constructive with reaffirmed production guidance, strong operating cash flow, improving costs, and a solid cash position. Technically, the trend is positive, but very overbought momentum indicators increase near-term pullback risk; valuation is also pressured by losses and a negative P/E.

Positive Factors

Revenue Growth

Sustained 24% TTM revenue growth indicates expanding production and sales capacity rather than a transient spike. Over the next 2–6 months this revenue trajectory can support scale benefits, stabilize operations, and provide a foundation for funding ongoing mine expansions.

Operational Cash Generation

Strong operating cash flow and EBITDA reflect core mining operations converting production into real cash. Durable cash generation supports working capital, sustaining capex, and incremental project funding, improving resilience to cyclical metal prices over the medium term.

Liquidity to Fund Growth

A cash buffer above $262M, combined with moderate leverage, gives the company financial flexibility to advance Sadiola Phase 1 and Kurmuk development. This liquidity reduces near-term dilution or emergency financing risk and supports sustained project delivery.

Negative Factors

Weak Profitability

Negative net margins and near-breakeven EBIT reflect that revenue growth has not yet translated into durable profitability. Persistently low margins erode returns and make funding future expansions and dividends reliant on continued cost improvements or higher metal prices.

Deteriorating Free Cash Flow

An 83% decline in free cash flow signals weakening ability to convert earnings into investable cash. This impairs self-funding of developments, increases reliance on liquidity reserves or external capital, and raises execution risk for multi‑quarter projects.

Geopolitical and Royalty Exposure

Operational exposure to Mali fuel disruptions and potential unrest creates persistent supply and operational risk for the asset base. Simultaneously, higher gold prices driving increased royalties structurally lift AISC, pressuring margins unless mitigated by efficiency gains.

Allied Gold Corporation Business Overview & Revenue Model

Company Description

Allied Gold Corporation operates as a gold producer and explorer in Africa. Its flagship project is the Sadiola Gold Project, an open pit mine located in Western Mali, West Africa. Allied Gold Corporation is based in Toronto, Canada.

How the Company Makes Money

Allied Gold Corporation generates revenue primarily through the extraction and sale of gold. The company operates several gold mines and exploration projects, which contribute to its production output. Revenue is primarily derived from selling gold bullion in the global market, benefiting from fluctuating gold prices. Additionally, the company may engage in joint ventures or partnerships with other mining firms to share resources and expertise, further enhancing its operational capacity and market reach. Factors such as gold market prices, operational efficiency, and successful exploration efforts significantly influence its earnings.

Allied Gold Corporation Financial Statement Overview

Summary

Revenue growth is strong (24.22% TTM), but profitability and cash generation are weak (net margin -13.42%, EBIT margin 0.60%, free cash flow growth -83.44%). Balance sheet leverage is manageable (debt-to-equity 0.33), yet returns are poor (ROE -40.20%).

Income Statement

Allied Gold Corporation has shown a strong revenue growth rate of 24.22% in the TTM, indicating a positive trajectory in sales. However, the company struggles with profitability, as evidenced by a negative net profit margin of -13.42% and a low EBIT margin of 0.60%. The gross profit margin is relatively healthy at 31.67%, suggesting efficient production processes. The company needs to improve its cost management and profitability to enhance its financial health.

Balance Sheet

The company's balance sheet reflects moderate leverage with a debt-to-equity ratio of 0.33, which is manageable. However, the return on equity is negative at -40.20%, indicating that the company is not generating sufficient returns on shareholders' investments. The equity ratio stands at 19.68%, suggesting a stable capital structure but with room for improvement in asset utilization.

Cash Flow

Allied Gold Corporation's cash flow position is concerning, with a significant decline in free cash flow growth at -83.44% in the TTM. The operating cash flow to net income ratio is 0.54, indicating some ability to cover net losses with operating cash. However, the negative free cash flow to net income ratio of -0.23 highlights challenges in generating positive cash flow from operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	1.07B	730.38M	655.69M	669.55M
Gross Profit	358.72M	220.23M	106.79M	129.40M
EBITDA	213.50M	40.01M	-131.49M	117.99M
Net Income	-38.57M	-115.63M	-208.48M	-7.42M
Balance Sheet
Total Assets	1.68B	1.32B	956.29M	659.00M
Cash, Cash Equivalents and Short-Term Investments	261.63M	224.99M	158.64M	45.16M
Total Debt	138.44M	127.58M	103.46M	53.53M
Total Liabilities	1.26B	903.56M	575.25M	547.63M
Stockholders Equity	330.70M	345.76M	299.91M	45.31M
Cash Flow
Free Cash Flow	-32.10M	-83.86M	-51.03M	6.12M
Operating Cash Flow	376.86M	109.55M	19.76M	83.72M
Investing Cash Flow	-411.63M	-193.41M	-95.52M	-38.34M
Financing Cash Flow	206.40M	152.50M	193.46M	-47.85M

Allied Gold Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 42.53
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AAUC, the sentiment is Positive. The current price of 42.53 is above the 20-day moving average (MA) of 39.83, above the 50-day MA of 34.17, and above the 200-day MA of 23.62, indicating a bullish trend. The MACD of 2.83 indicates Positive momentum. The RSI at 76.08 is Negative, neither overbought nor oversold. The STOCH value of 81.81 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:AAUC.

Allied Gold Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WDO	81 Outperform	C$3.29B	11.46	42.97%	―	69.33%	253.46%
TXG	77 Outperform	$6.13B	13.36	17.29%	―	5.33%	143.67%
CG	75 Outperform	C$4.68B	10.05	18.39%	1.36%	3.93%	247.84%
KNT	74 Outperform	C$6.32B	18.48	46.21%	―	81.13%	234.33%
SSRM	69 Neutral	$6.31B	23.48	6.84%	―	33.74%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AAUC	56 Neutral	C$5.28B	-94.75	-14.03%	―	49.65%	71.84%

Allied Gold Corporation Corporate Events

Allied Gold Ramps Up Sadiola Expansion as Quarterly Output Climbs

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.

Allied Gold Advances Exploration at Kurmuk Mine

Allied Gold Corporation has reported significant advancements in its exploration activities at the Kurmuk mine in western Ethiopia. The company aims to extend the mine’s life and sustain high production levels, with a target of reaching 5 million ounces of mineral resources. The exploration program includes refining resource models and expanding mineralization at key deposits, with ongoing efforts to identify new mineralized zones to increase the gold inventory. This strategic initiative is expected to enhance Allied’s operational capacity and strengthen its position in the gold mining industry.

The most recent analyst rating on (TSE:AAUC) stock is a Hold with a C$25.00 price target. To see the full list of analyst forecasts on Allied Gold Corporation stock, see the TSE:AAUC Stock Forecast page.

Allied Gold Reports Strong Q3 2025 Results and Optimistic Outlook

Allied Gold Corporation reported its third-quarter results for 2025, showcasing a solid performance with 87,020 ounces of gold produced and 92,099 ounces sold. The company is on track for improved production in the fourth quarter, driven by higher grades and the completion of the Phase 1 expansion at Sadiola. Allied Gold’s operational enhancements and strategic initiatives are expected to deliver stronger operations, with annual production projected to exceed 375,000 ounces. The company’s all-in sustaining costs have improved, and further cost reductions are anticipated as production increases.

The most recent analyst rating on (TSE:AAUC) stock is a Hold with a C$21.00 price target. To see the full list of analyst forecasts on Allied Gold Corporation stock, see the TSE:AAUC Stock Forecast page.

Allied Gold Reports Significant Exploration Success at Sadiola Mine

Allied Gold Corporation has announced promising exploration results from its Sadiola Mine in Mali, highlighting continued resource expansion and discovery in a world-class gold mineralized system. The company is executing a two-phased expansion plan at Sadiola, aiming to increase production to 400,000 ounces of gold annually at lower costs. This initiative is expected to extend the mine’s life beyond the current 19 years, enhance operational efficiency, and contribute to increased cash flows. The exploration program targets adding over 3.5 million ounces of new mineral resources in the next five years, supporting Allied Gold’s long-term growth strategy and providing significant value and optionality for stakeholders.

The most recent analyst rating on (TSE:AAUC) stock is a Buy with a C$46.00 price target. To see the full list of analyst forecasts on Allied Gold Corporation stock, see the TSE:AAUC Stock Forecast page.

Allied Gold Secures C$175 Million for Expansion and Growth

Allied Gold Corporation has successfully closed a C$175 million overnight marketed equity offering, issuing 6.4 million common shares at C$27.35 each. The proceeds will be used to fund optimization and growth initiatives, including infrastructure development at Sadiola, plant modifications at Kurmuk, transitioning to owner mining, and general corporate purposes. This strategic move is expected to enhance Allied Gold’s operational capabilities and strengthen its position in the gold production industry.

The most recent analyst rating on (TSE:AAUC) stock is a Hold 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.