Allied Gold management cites higher gold prices as driver of Q3 2026 revenue growth
AAUC•Allied Gold reported attributable net earnings of $29.1 million for the third quarter of 2026, reversing a year-earlier loss. Revenue reached $358.1 million as realized gold prices rose 17% to $3,863 per ounce.
1. Quarterly results
Allied Gold reported attributable net earnings of $29.1 million for the third quarter of 2026, reversing a year-earlier loss, while revenue rose to $358.1 million. Management said higher gold prices drove revenue growth, with realized prices up 17% to $3,863 per ounce.
2. Production and cash flow
Management attributed higher production chiefly to Bonikro's growth, supported by higher feed grades and improved recoveries following earlier stripping work. Transportation, fuel and consumables inflation raised costs, while higher gold prices also increased royalties; operating cash flow fell to $12.3 million, reflecting working capital outflows and the absence of prior-year streaming receipts.
