From Seekingalpha · Redfern Research · · 50s
Allied Gold Stock Discount and Production Growth
Allied Gold's stock offers high risk but strong NAV discount and production growth potential.
In brief
Allied Gold's stock offers high risk but strong NAV discount and production growth potential. Allied Gold's stock trades near $20 with a risk-adjusted NAV of $39 and potential $47.50 by 2028. Originally reported by Seekingalpha.
Allied Gold Operations
Allied Gold operates mines in Mali, Ivory Coast, and commissions a flagship project in Ethiopia.
Stock Rating
Redfern Research rates Allied Gold a 'Buy' due to deep NAV discount and expected earnings doubling by 2028.
Key Upside Drivers
Sadiola's expansion, Bonikro and Agbaou's resource conversion, and Kurmuk's low-cost high-volume ramp-up drive growth.
Risk Factors
High country risk in Ethiopia and Mali offset production growth potential with significant geopolitical risks.
Price and Target
Current price near $20 offers margin of safety versus risk-adjusted NAV of $39 and potential $47.50 in 2028.
The key point
Allied Gold's stock trades near $20 with a risk-adjusted NAV of $39 and potential $47.50 by 2028.
