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Is Allied Gold Corporation (AAUC) A Good Stock To Buy Now?

Is AAUC a good stock to buy? We came across a bullish thesis on Allied Gold Corporation on The Mispricing Desk’s Substack. In this article, we will summarize the bulls’ thesis on AAUC. Allied Gold Corporation's share was trading at $25.66 as of June 8th. AAUC’s forward P/E was 5.29 according to Yahoo Finance.

[caption id="attachment_1678029" align="aligncenter" width="768"] Photo from Hycroft Mining website[/caption]

Allied Gold Corporation, together with its subsidiaries, operates as gold mining company in Africa. AAUC represents a compelling approval-stage merger arbitrage...