Allied Gold Corp stock hits all-time high at 17.82 USD

Published 01/10/2025, 14:36
Allied Gold Corp stock hits all-time high at 17.82 USD

Allied Gold Corp stock has reached an all-time high, touching 17.82 USD, with a market capitalization of $2.02 billion. According to InvestingPro analysis, the stock is currently trading near its Fair Value. This milestone underscores a remarkable year for the company, which has seen its stock price soar by 134.4% over the past year, including an impressive 71.67% gain in the last six months alone. InvestingPro has identified 13 additional investment tips for this stock. The significant increase in value reflects positive investor sentiment and potentially strong financial performance or strategic developments within the company. Analysts are optimistic, projecting both sales and net income growth for the current year. As Allied Gold Corp continues to navigate the market, stakeholders will be keenly observing whether this upward trajectory can be maintained in the coming months, with the next earnings report scheduled for November 7, 2025.

In other recent news, Allied Gold Corporation has announced the launch of an energy program at its Sadiola mine in Mali. The initiative aims to reduce power costs significantly through a combination of diesel generators, solar power, and battery storage systems. The company plans to begin by installing additional diesel generators and control systems in early 2026. This will be followed by the development of a photovoltaic plant with battery energy storage systems by mid-2027. The program will further incorporate medium-speed thermal generators between 2027 and 2028. These developments are part of Allied Gold’s strategic efforts to optimize energy efficiency at the Sadiola mine.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.