Surging gold and silver prices expected to spur more mining takeovers [Globe and Mail, The (Toronto, Canada)]
Allied Gold Corporation Common Shares (AAUC)
Company Research
Source: Globe and Mail, The
Mining M&A reshaped the Canadian industry last year, with 803 transactions valued at $61.2-billion, according to a recent report from Bennett Jones LLP. DAVID GRAY/AFP/Getty Images On Monday, China's Zijin Gold International Co. made a $5.5-billion offer for Toronto-based Allied Gold Corp. , the ninth billion-dollar-plus takeover involving a domestic gold miner in the past 13 months. With gold hitting record prices of more than US$5,000 an ounce and silver prices also on a tear, the share price of large precious metal miners is soaring, along with their cash flow and profit margins. Is it too late to hop on the gold bandwagon? Senior miners are now valued at a significant premium to junior miners, most of which are years from producing an ounce of anything. That valuation gap is feeding the current M&A boom. Potential mid-tier targets highlighted by analysts over the past 12 months include Vancouver-based companies Artemis Gold Inc. , which has a $10.3-billion valuation, Ske
Show less
Read more
Impact Snapshot
Event Time:
AAUC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AAUC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AAUC alerts
High impacting Allied Gold Corporation Common Shares news events
Weekly update
A roundup of the hottest topics
AAUC
News
- Independent Proxy Advisory Firms, ISS and Glass Lewis Recommend Allied Gold Corporation's Shareholders Vote FOR the Arrangement Resolution in Connection with the Proposed Plan of Arrangement with Zijin Gold International [Yahoo! Finance]Yahoo! Finance
- Independent Proxy Advisory Firms, ISS and Glass Lewis Recommend Allied Gold Corporation’s Shareholders Vote FOR the Arrangement Resolution in Connection with the Proposed Plan of Arrangement with Zijin Gold InternationalGlobeNewswire
- Allied Gold (AAUC) was downgraded by Zacks Research from "strong-buy" to "hold".MarketBeat
- Allied Gold Announces Filing and Mailing of Management Information Circular in Connection with the Proposed Arrangement with Zijin Gold InternationalGlobeNewswire
- Gold Demand Just Broke a Record - Supply Can't Keep UpPR Newswire
AAUC
Sec Filings
- 3/19/26 - Form 6-K
- 3/10/26 - Form 6-K
- 3/9/26 - Form 6-K
- AAUC's page on the SEC website