Allied Gold expects cash balances to rise through year-end 2026
AAUC•AAUC•AAUC•AAUC•Allied Gold expects cash balances to rise from US$379.1 million at quarter-end as operations improve and capital spending declines. It expects Kurmuk to produce 25,000–35,000 ounces during ramp-up, with production forecast at 240,000–270,000 ounces in 2027 and about 300,000 ounces in 2028.
Allied Gold expects fourth-quarter 2026 production to be its highest of the year, supported by Kurmuk’s start-up and improving performance at existing operations. Kurmuk is targeting commercial production and nameplate capacity by year-end, with ramp-up output of 25,000–35,000 ounces.
The company expects cash balances to rise from US$379.1 million at quarter-end as operating performance improves and capital spending declines. Potential shareholder returns include a base dividend starting in 2027 and proposed repurchases of up to 10% of the public float.
