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Allied Gold to Release Q3 Results: Focus on Kermuk Project Commencement

Earnings Whispers +1 · ·by G4L

AAUC
AAUC Allied Gold Corp
$22.41 -4.76%
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  1. 1Allied Gold will release its third-quarter report on November 4 after the market close.
  2. 2The consensus estimate of $0.18 per share for Allied Gold's earnings is approximately a 38% decrease from the $0.29 per share earnings a year ago.
  3. 3Management told investors that the Kermuk project is a few days or weeks away from rock crushing, with first gold production scheduled between early and mid-September.

So what's the key point?

Allied Gold is set to announce its third-quarter results, and earnings are expected to be 38% lower than last year. However, the upcoming start of new gold production is an important factor to watch.

Source Earnings Whispers +1 · View original ↗

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