Allied Gold (AAUC) Reports 1Q2026 Financial and Operational Results

Allied Gold Corporation (NYSE:AAUC) is one of the

8 Best Debt Free Gold Stocks to Buy.

On May 14, 2026, Allied Gold Corporation (NYSE:AAUC) reported financial and operational results for the first quarter of 2026. The company produced 96,016 ounces of gold during the quarter, representing a 14% increase from the prior-year period and broadly in line with operating plans and annual guidance. Consolidated all-in sustaining costs came in at $2,264 per ounce sold, consistent with expectations. For the quarter, Allied Gold reported a net loss of $58.3M, or $(0.47) per share, while adjusted earnings totaled $48.6M, or $0.39 per share. Net cash generated from operating activities reached $57.3M during the quarter, while operating cash flow before income taxes and working capital movements totaled $162.7M. EBITDA and adjusted EBITDA were $77.7M and $173.3M, respectively. As of March 31, 2026, Allied Gold held cash and cash equivalents of $424.2M. Operationally, the company sold 99,878 ounces of gold during the quarter, slightly above production levels due to shipment timing and sales of year-end inventory.

At the Sadiola mine, production totaled 44,104 ounces and remained aligned with operational plans, with management expecting sequential production increases later in the year, supported by improved grades and throughput. Bonikro produced 29,011 ounces during the quarter, significantly above the prior-year period due to mine sequencing and stronger operational performance. Agbaou produced 22,901 ounces, supported by higher throughput and performance in line with expectations.

The company said first-quarter all-in sustaining costs were affected by higher royalty expenses tied to elevated gold prices. Allied Gold estimated that gold prices averaged approximately $4,775 per ounce during the quarter, versus the $4,250 per ounce assumption used in its initial cost guidance, which increased AISC by roughly $80 per ounce.

Allied Gold also said exploration activities during the quarter continued to focus on extending mine life and improving mine plans. The company expects to provide an update on CDI by mid-2026 and further updates on Sadiola and Kurmuk during the second half of 2026.

Allied Gold Corporation (NYSE:AAUC) operates gold mining assets across Africa and primarily explores for gold and silver deposits.

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