NEW YORK, December 29, 2025, 15:07 ET — Regular session
Allied Gold Corporation shares fell about 7.4% on Monday, tracking a broad pullback in precious metals. The stock was down $1.84 at $23.08 in afternoon trading after earlier touching $23.01.
The move matters heading into the final sessions of the year, when holiday-thinned trading can amplify swings. Gold miners tend to react sharply when bullion reverses because earnings expectations often move faster than the metal price.
Spot gold slid 4.5% to $4,330.79 an ounce by 1:51 p.m. ET after hitting a record $4,549.71 on Friday. “We are seeing profit-taking pullbacks off of those spectacularly high levels,” said David Meger, director of metals trading at High Ridge Futures; TD Securities commodity strategist Daniel Ghali said liquidity constraints and holiday-thinned trading worsened the drop. Reuters
The VanEck Gold Miners ETF, an exchange-traded fund that tracks major miners, fell about 6%, while Newmont was down about 6%.
Allied Gold, listed in New York and Toronto under the symbol AAUC, operates producing mines and development projects in Mali, Côte d’Ivoire and Ethiopia.
On Dec. 21, Allied said it began processing ore through the Phase 1 expansion at its Sadiola mine in Mali, calling it a milestone in a phased plan aimed at lifting production and reducing costs. It also said it expects to outline a more capital-efficient modular design for a Phase 2 expansion early in the new year.
Monday’s slide highlights how closely miners can track bullion, especially after steep runs in the underlying metal. Traders often treat mining shares as a higher-beta, or more sensitive, way to express a view on gold.
Broader markets also turned cautious as investors looked ahead to fresh signals on U.S. interest rates in the final week of 2025. Federal Reserve meeting minutes are in focus this week, adding another potential catalyst for volatility across rates and commodities.
For Allied, the next company-specific catalyst will be fourth-quarter results and any updated outlook for 2026. Earnings calendars place the report in late March or early April, though estimated dates vary across providers.
