Stifel Canada Weighs in on Allied Gold FY2025 Earnings

Allied Gold Corporation (NYSE:AAUC) – Equities researchers at Stifel Canada issued their FY2025 EPS estimates for shares of Allied Gold in a research note issued on Thursday, November 6th. Stifel Canada analyst I. Rico forecasts that the company will earn $1.15 per share for the year. Stifel Canada has a “Strong-Buy” rating on the stock. Stifel Canada also issued estimates for Allied Gold’s FY2026 earnings at $3.81 EPS, FY2027 earnings at $6.51 EPS and FY2028 earnings at $7.23 EPS.

A number of other equities analysts have also issued reports on the company. Wall Street Zen lowered Allied Gold from a “buy” rating to a “hold” rating in a research note on Thursday, August 14th. Cormark raised Allied Gold to a “moderate buy” rating in a research note on Friday, August 8th. Weiss Ratings assumed coverage on Allied Gold in a report on Thursday, October 30th. They set a “sell (d-)” rating on the stock. Finally, Zacks Research lowered shares of Allied Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Allied Gold currently has an average rating of “Hold”.

Allied Gold Stock Up 3.9%

NYSE AAUC opened at $15.40 on Monday. Allied Gold has a 12 month low of $6.37 and a 12 month high of $20.49. The firm has a market capitalization of $1.90 billion and a price-to-earnings ratio of -42.76. The company’s 50 day moving average is $16.73.

Allied Gold (NYSE:AAUC) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.18). Allied Gold had a positive return on equity of 24.32% and a negative net margin of 3.58%.

Institutional Investors Weigh In On Allied Gold

Several hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC purchased a new position in Allied Gold during the 2nd quarter valued at about $127,000. Cibc World Market Inc. boosted its holdings in shares of Allied Gold by 54.4% during the third quarter. Cibc World Market Inc. now owns 22,690 shares of the company’s stock worth $396,000 after purchasing an additional 7,991 shares during the period. Bank of America Corp DE purchased a new position in Allied Gold during the second quarter valued at approximately $13,169,000. Vanguard Group Inc. increased its stake in Allied Gold by 1,824.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,177,971 shares of the company’s stock valued at $20,585,000 after buying an additional 1,116,768 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Allied Gold by 4.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,867,201 shares of the company’s stock valued at $32,695,000 after buying an additional 75,931 shares during the period.

Allied Gold Company Profile

Allied Gold Corporation is a gold producer. It operates a portfolio of producing assets and development projects located principally in Cote d’Ivoire, Mali and Ethiopia. Allied Gold Corporation is based in Canada.