Allied Gold ramps up Ethiopia mine production and maintains growth
AAUC Allied Gold Corp
$19.70 -0.66%
View chart & analysis → - 1Allied Gold recorded a 13% return over the past year.
- 2Zijin Gold agreed to an acquisition in January at a purchase price of 44 Canadian dollars per share but terminated the deal in July.
- 3Zijin Gold acquired a 9.2% stake with an investment of approximately 295,000,000 dollars.
So what's the key point?
Allied Gold has begun full-scale production at its Ethiopia mine. This means Zijin Gold purchased a stake using 295,000,000 dollars.
Source The Motley Fool +1 · View original ↗
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