Allied Gold reported quarterly earnings of C$0.37 per share, well above the C$0.19 estimate. It’s another recent earnings beat, but the company’s negative trailing earnings and profit margin remain important context.
Allied Gold Corporation (TSX: AAUC) reported results after the market closed on November 4 for the quarter ended September 30, 2026. Its earnings per share (EPS) came in at C$0.37, compared with the C$0.19 estimate—a 94.7% beat. The company has beaten estimates in three of its last four comparable quarters.
Recent earnings trend
Allied Gold Corporation
AAUC.TO
AAUC.TO
Allied Gold Corporation
WealthAwesomeMarket cap
$4.57B
52W high
$43.77
52W low
$21.94
1W change
+23.82%
Beta
0.85
Analyst Price Targets
Based on analyst covering AAUC · as of Nov 9, 2026
Wall Street analysts forecast AAUC stock price to rise 40.1% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$45.60
+40.1% Upside
Previously C$44.35 on Nov 6, 2026
Current Price
C$32.54
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AAUC's historical volatility
30-Day Vol
55.1%
Annualized
90-Day Vol
61.3%
Annualized
Trend (90d)
+14.3%
Annualized drift
90d Mean
C$34.25
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$33.10 | C$27.37 – C$40.03 |
| 60 trading days | C$33.67 | C$25.73 – C$44.06 |
| 90 trading days | C$34.25 | C$24.63 – C$47.61 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-12-31 | 2027-03-30 | — | 0.6400 | — |
| 2026-09-30 | 2026-11-04 | 0.3700 | 0.1900 | +94.7% |
| 2026-06-30 | 2026-08-05 | 0.4400 | 0.3500 | +25.7% |
| 2026-03-31 | 2026-05-14 | 0.3900 | 0.3200 | +21.9% |
| 2025-12-31 | 2026-03-31 | 0.5600 | 0.6100 | -8.2% |
| 2025-09-30 | 2025-11-05 | 0.2900 | 0.3700 | -21.6% |
Revenue and margin figures weren’t provided, so the EPS comparison is the clearest measure available. For Canadian investors, Allied Gold’s results are part of a production-focused mining story across Africa, with Sadiola in Mali described as its flagship project. The earnings beat is encouraging, but it doesn’t change the company’s trailing 12-month EPS of -C$1.36 or its -1.01% profit margin.
Investor takeaway: Allied Gold delivered a sizable quarterly earnings beat and has generally exceeded estimates in recent quarters. But the next-quarter EPS estimate has dropped from C$1.49 to C$0.62 over the past 30 days, based on just two analysts, and trailing profitability remains negative. A strong quarterly result doesn’t yet prove the company can sustain earnings. Its operating performance, project development and ability to turn production plans into lasting profits remain key to the longer-term outlook.
C$0.37 EPS versus C$0.19 expected
The C$0.18-per-share difference amounts to a 94.7% beat. It’s Allied Gold’s third earnings beat in its last four comparable quarters, though trailing EPS remains negative.
Bull case
Allied Gold has beaten EPS estimates in three of its last four reported quarters, including the latest result, which came in 94.7% above expectations. Company coverage describes a growth plan led by production at Sadiola, alongside the Kurmuk project and a planned Sadiola expansion.
Coverage also points to a minority investment that brought cash to just under US$0.5 billion, a long-term power agreement for Kurmuk, and a solar and modern-diesel power system at Sadiola. If the company delivers on its plans and improves operating efficiency, it could build on its recent earnings momentum.
Bear case
Beating estimates by a wide margin doesn’t mean Allied Gold is consistently profitable. Its trailing 12-month EPS is -C$1.36, and its profit margin is -1.01%. The next-quarter EPS estimate has fallen from C$1.49 to C$0.62 and is based on just two analysts. No revenue estimate was available.
Allied Gold’s operations and development plans across Africa also carry risks tied to execution, project timing and operating assumptions. The available data doesn’t include quarterly revenue or margin figures, so it’s unclear whether the EPS beat reflects broader improvement.
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