AAUC
Allied Gold Corporation
NYSE: AAUC · BASIC MATERIALS · GOLD
$29.94
-3.30% today
Updated 2026-06-05
Market cap
$3.18B
P/E ratio
—
P/S ratio
2.31x
EPS (TTM)
$-1.06
Dividend yield
—
52W range
$11 – $32
Volume
0.7M
Allied Gold Corporation (AAUC) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed AAUC price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$29.94
Today
Analyst consensus
$—
— · 12M
2030 Base
$32.54
+8.68% future
NPV today
$23.31
@ 8% WACC
4 analysts:
0 Buy3 Hold1 Sell
Management guidance
Allied Gold has not provided explicit revenue guidance through 2030. However, management has stated production guidance targeting 50% production growth in 2026 and over 100% production growth in subsequent years through new mine developments (Kurmuk, Sadiola Phase 2 expansion, and Sona project). At current gold prices (~$2,400-2,500/oz), this translates to substantial revenue acceleration. CEO Peter Marrone emphasized positioning Allied as a mid-tier producer with significant growth potential through 2026-2028.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
AAUC · Allied Gold Corporation · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$32.54
NPV today: $23.31
Base case (2030)
$32.54
NPV today: $23.31
Bull case (2030)
$105.60
NPV today: $75.66
WallStSmart.com
AAUC financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.7B | $2.4B | $3.3B | $4.1B | $4.7B |
| Revenue growth | 82.3% | 26.3% | 44.0% | 35.5% | 24.8% | 15.0% |
| Net margin | — | 6.2% | 8.2% | 9.2% | 9.3% | 9.3% |
| EPS | $-0.00 | $0.82 | $1.55 | $2.35 | $2.95 | $3.38 |
| Diluted shares | — | 127M | 127M | 128M | 128M | 129M |
| Net debt | — | $-57.27M | $38.13M | $167.42M | $328.84M | $514.50M |
| P/S multiple | — | 1.0x | 1.0x | 1.0x | 1.0x | 1.0x |
| Implied price (base) | — | $13.72 | $18.72 | $24.33 | $29.33 | $32.54 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $4.7B | $4.7B | $4.7B |
| P/S multiple | 1.0x | 1.0x | 3.0x |
| Diluted shares | 129M | 129M | 129M |
| Net debt | $514.50M | $514.50M | $514.50M |
| Implied P/E † | 10x | 10x | 31x |
| 2030 Price | $32.54 | $32.54 | $105.60 |
| NPV @ 8% | $23.31 | $23.31 | $75.66 |
† Implied P/E: Multiples remain elevated across all three scenarios because AAUC is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $32.54 base case
AAUC catalysts and risks
Growth catalysts
+ Kurmuk Project first gold production targeting mid-2026 (Ethiopia) — adds ~250-350koz annual production at ramp
+ Sadiola Phase 1 expansion ore processing commenced Dec 2025 — Phase 2 expansion capital-efficient modular build targeting 100%+ production uplift by 2027-2028
+ Sona Gold Project (Mali) construction >50% complete, first gold H2 2026 — adds ~200-300koz annual capacity
+ Zijin Gold acquisition (C$5.5B, C$44/share) provides strategic partnership and capital for growth projects; potential synergies unlocked post-close (May 2026)
+ Elevated gold prices ($2,400-2,500/oz) drive higher realized prices per ounce and stronger cash generation; royalty-hedged cost structure
+ Sadiola 50% sale to Ambrosia ($375M+) provides capital flexibility for Challenger Gold (Hualilán, Argentina) and other growth projects
Key risks
- Zijin acquisition regulatory uncertainty — deal outside close date May 29, 2026; if deal fails, capital structure and strategic direction become uncertain
- Geopolitical risk in Mali (Sona, Sadiola) — recent military conflicts could disrupt operations or capital deployment despite company reassurance of normal operations
- Gold price volatility — 20-30% drop in spot gold would significantly compress realized revenues and AISC-driven profitability; current $2,400/oz prices may not sustain
- Project execution risk — Kurmuk, Sona, Sadiola Phase 2 are development-stage; construction delays, cost overruns, or lower-than-guided production could compress 2027-2028 growth
- Loss-making quarterly results — Q1 2026 net loss of $58.3M (though adjusted earnings $48.6M); if operating margins compress, terminal valuation could reset lower
- Acquisition integration — if Zijin deal closes, Allied becomes subsidiary; near-term revenue visibility for 2027-2028 may become opaque to public market
Methodology · Allied Gold Corporation 2030 stock forecast model
Allied Gold Corporation 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 4 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (2% cumulative for AAUC by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($514.50M by 2030) |
| 3. Time value | NPV calculated using 8% WACC (CAPM: beta 0.542) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 1.0x / bull 3.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 21, 2026.
AAUC price target FAQ
What is the AAUC price target for 2030?
WallStSmart's Allied Gold Corporation 2030 base case is $32.54 per share, with a bull case of $105.60 and bear case of $32.54. The NPV of the base case discounted to today at 8% WACC is $23.31.
How is the Allied Gold Corporation 2030 stock forecast calculated?
The AAUC 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the AAUC price target account for dilution?
Allied Gold Corporation is projected to grow diluted share count from 126M to 129M by 2030 (a 2% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 2%.
What is the analyst consensus on AAUC stock?
4 analysts cover AAUC with an average 12-month price target of $—. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.