15 Best Precious Metal Stocks to Buy According to Wall Street Analysts

8. Allied Gold Corporation (NYSE:AAUC)

On April 28, 2026, Allied Gold Corporation (NYSE:AAUC) said operations continue as normal across its mines in Mali and Côte d’Ivoire, as well as its development project in Ethiopia. The company said production and site activities remain on track, including operations at the Sadiola Gold Mine, where the first phase of expansion was recently completed. Development of the Kurmuk Project is also progressing as planned, with production expected to begin in the third quarter of 2026. Allied added that exploration efforts across its portfolio continue to generate positive results that support longer mine lives.

Allied Gold Corporation (NYSE:AAUC) also provided an update on its previously announced transaction with Zijin Gold International Company Limited under an arrangement agreement signed on January 26, 2026. Allied said both companies remain in active discussions to ensure an orderly transition and continue working through regulatory approvals, with the goal of closing the transaction within the original timeline. The agreement includes an outside closing date of May 29, 2026, subject to possible extensions.

Following the recent conflict between government and insurgent groups in Mali, Allied said its operations remain unaffected because its mining activities are located far from the affected areas. The company added that it continues to monitor the situation and take precautions to protect employees in the country.

Allied Gold Corporation (NYSE:AAUC) operates gold mining assets across Africa and explores for gold and silver deposits.