Feb. 12 at 5:29 PM
$AAUCF
Allied Gold Expect an 8.7% increase in production in 2025
Allied Gold (“Allied”) plans to release production and cost guidance for 2025 on 20th
February ahead of its FY2024 results on 26th March. The company has already released
2024 production of 358koz and we assume All In Sustaining Costs (“AISC”) of
US
$1,604/oz for the year. We expect production for 2025 to be 389koz at an AISC of
US
$1,803/oz. The main catalysts for the year should be completing the first phase of
the plant expansion at Sadiola, advancing Kurmuk in Ethiopia towards production,
and exploration from across the portfolio. We update our valuation to C
$9.70/share.