Allied Gold Corporation (NYSE:AAUC - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $16.02 and last traded at $15.93, with a volume of 6035 shares traded. The stock had previously closed at $15.80.
Analyst Upgrades and Downgrades
AAUC has been the topic of several research reports. Zacks Research upgraded Allied Gold to a "hold" rating in a research report on Thursday, August 14th. Wall Street Zen downgraded shares of Allied Gold from a "buy" rating to a "hold" rating in a research report on Thursday, August 14th. Finally, Cormark upgraded Allied Gold to a "moderate buy" rating in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Allied Gold currently has a consensus rating of "Hold".
View Our Latest Research Report on Allied Gold
Allied Gold Stock Performance
The firm has a market capitalization of $1.92 billion and a PE ratio of -26.03.
Institutional Trading of Allied Gold
Hedge funds have recently made changes to their positions in the business. Tower Research Capital LLC TRC purchased a new stake in Allied Gold during the 2nd quarter valued at $127,000. Bank of America Corp DE purchased a new stake in shares of Allied Gold in the second quarter valued at $13,169,000. Finally, Orion Resource Partners LP bought a new stake in shares of Allied Gold in the 2nd quarter worth about $103,634,000.
Allied Gold Company Profile
(
Get Free Report)
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.
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