Wall Street Zen lowered shares of Allied Gold (NYSE:AAUC – Free Report) from a buy rating to a hold rating in a research report released on Thursday.
Allied Gold Stock Performance
Shares of AAUC stock opened at $12.24 on Thursday. Allied Gold has a twelve month low of $6.09 and a twelve month high of $15.78.
Institutional Trading of Allied Gold
Several institutional investors and hedge funds have recently modified their holdings of the business. Orion Resource Partners LP acquired a new position in Allied Gold in the 2nd quarter worth about $103,634,000. Bank of America Corp DE acquired a new position in Allied Gold in the 2nd quarter worth about $13,169,000. Finally, Tower Research Capital LLC TRC acquired a new position in Allied Gold in the 2nd quarter worth about $127,000.
Allied Gold Company Profile
Allied Gold Corporation is a gold producer. It operates a portfolio of producing assets and development projects located principally in Cote d’Ivoire, Mali and Ethiopia. Allied Gold Corporation is based in Canada.
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