EarningsQ2 2026 Earnings Report
AAUC Q2 2026 EPS Results
Actual EPS$0.44
Consensus EPS$0.34
Beat/MissBeat by +$0.10
One Year Ago EPS$0.14
AAUC Q2 2026 Revenue Results
Actual Revenue$356.84M
Expected Revenue$411.50M
Beat/MissMissed by -$54.66M
YoY Revenue Growth+45.33%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeDuring Market Hours
Conference CallWednesday, August 5, 2026
AAUC Upcoming Earnings
Allied Gold Corporation's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a largely constructive growth narrative: solid near-term finances, strong H1 production, and imminent production from Kurmuk that materially increases low-cost ounces. The company has clear plans to reduce costs (solar, process upgrades) and significant resource/reserve bases (Sadiola and Cote d'Ivoire) plus increased exploration funding. Key near-term risks include elevated current AISC (~$2,200/oz), concentrated Q2 cash taxes, and execution/timing risk around Kurmuk ramp-up and grid-power transition. On balance, the positive drivers (Kurmuk start, reserve increases, strong cash flow and pro forma liquidity) outweigh the short-term challenges.Company Guidance
Solid Financial Performance
Adjusted net earnings of $0.44 (per share), operating cash flow of $133 million, and adjusted EBITDA of just under $167 million in Q2. Cash on hand of $192 million at quarter end and pro forma cash of just under $0.5 billion after Zijin investment.
Strong H1 Production and Q2 Output
Q2 production just over 97,000 ounces and first-half production of just over 193,000 ounces. Management expects to be on track to achieve full-year guidance with sequential improvement into H2 (Q4 > Q3 > Q1/Q2).
Kurmuk Commissioning and Imminent Start-up
Kurmuk in commissioning (August) with production expected in September. Project costs tracking to budget with over 90% of capital committed. Initial annual run-rate guidance of 240,000–270,000 oz with multi-year averages closer to ~300,000 oz and all-in sustaining costs expected below $1,200/oz (potentially below $1,000/oz due to low grid power costs).
Cote d'Ivoire Complex Outperformance and Life Extension
Bonikro and Agbaou (treated as a complex) exceeded plan in H1 due to higher grades and throughput. Management now targets 200,000 oz/year from the complex for at least a 10-year period. Agbaou proven & probable reserves increased by 60%.
Large, Long-Life Sadiola Asset and Expansion Pathway
Sadiola: >10 million ounces in resources with >7 million ounces as proven & probable reserves. Current production platform ~200,000 oz with a staged plan to ~250–275k then a target long-term average of 300–350k oz (ultimate multi-year peaks above 400k oz).
Cost-Reduction Initiatives and Low-Cost Power Advantage
Multiple cost initiatives underway including pre-leach thickener, process control upgrades, diesel-generator refresh and solar integration at Sadiola. Kurmuk has a 20-year PPA at $0.04/kWh which supports materially lower expected AISC.
Increased Exploration Investment and Optionality
Exploration budget increased to $36 million for the year after H1 successes. Management highlighted multiple discovery and extension opportunities (oxide and fresh ore), supporting mine-life extensions and future expansion optionality.
AAUC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed