TSX:AAUCMetals and Mining
Allied Gold (TSX:AAUC): Evaluating Valuation After Strong Earnings, Fresh Capital Raise, and Growth Project Updates
Allied Gold (TSX:AAUC) just released its third quarter earnings, showing a major boost in sales along with a much smaller net loss compared to last year. The company also completed a sizable equity raise to support future growth.
See our latest analysis for Allied Gold.
Momentum is clearly building for Allied Gold, with the stock up 101% year-to-date and a stellar 134% total shareholder return over the past year. Both results have handily outpaced the broader market. Recent exploration...