Allied Gold Terminates Merger Agreement With Zijin Gold; Parties Conclude There's No Reasonable Likelihood Of Completion; Zijin To Purchase ~12.8M AAUC Shares At C$32.55 Per Share

Shares of precious metal-related companies are trading higher amid rising gold prices after July's payroll data, which signaled economic cooling, weighed on yields and dollar strength. A UBS note suggested that gold prices will climb to $5,000 per ounce in H1 2027.

Allied Gold Q2 Adj. EPS $0.40 Beats $0.17 Estimate, Sales $366.298M Up From $251.979M YoY

Allied Gold (NYSE:AAUC) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.17 by 135.29 percent. This is a 185.71 percent increase over earnings of $0.14 per share from the

Allied Gold shares are trading lower. The company issued preliminary Q2 operating results and announced the termination of arrangement agreement with Zijin Gold.

Allied Gold shares are trading lower after the company announced it terminated its merger agreement with Zijin Gold Parties. The company announced preliminary Q2 operating results.

Allied Gold Q2 Adj. EPS $0.44 Misses $0.59 Estimate, Sales $366.298M Miss $424.000M Estimate

Allied Gold (TSX:AAUC) reported quarterly earnings of $0.44 per share which missed the analyst consensus estimate of $0.59 by 25.42 percent. This is a 214.29 percent increase over earnings of $0.14 per share from the

Allied Gold And Zijin Mining Group Advance Acquisition Agreement After Securing Canadian Investment Approval And Key Regulatory Clearances