On May 15, 2026, Vazirani Asset Management disclosed a new position in Allied Gold Corporation (NYSE:AAUC), acquiring 148,400 shares in a trade estimated at $4.48 million based on quarterly average pricing.
What happened According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Vazirani Asset Management reported acquiring 148,400 shares of Allied Gold Corporation (NYSE:AAUC)
The estimated value of the trade is $4.48 million, based on the average closing price from January 1 to March 31, 2026. Post-trade, the position is valued at $6.40 million, reflecting the establishment of a new stake this quarter. What else to know – The new Allied Gold position now represents 14.75% of Vazirani Asset Management LLC’s 13F reportable assets under management. – Top holdings after the filing: – NYSE:AL: $6.49 million (15.0% of AUM) – NYSE: AAUC: $6.40 million (14.8% of AUM) – NASDAQ:WBD: $3.43 million (7.9% of AUM) – NASDAQ:SKYT: $3.43 million (7.9% of AUM) – NYSE:GTLS: $3.10 million (7.1% of AUM) – – As of May 14, 2026, shares of Allied Gold Corporation were priced at $29.33, up more than 140% over the past year and significantly outperforming the S&P 500, which is instead up about 25%.
Company overview Company snapshot – Allied Gold explores for and produces gold and silver ores, with core operations in the Sadiola gold project (Mali), Bonikro and Hiré mines (Côte d’Ivoire), Agbaou mine (Côte d’Ivoire), and the Kurmuk gold project (Ethiopia). – The firm generates revenue primarily through the extraction and sale of gold, leveraging open-pit mining and mineral processing facilities across multiple African jurisdictions. – It operates multiple producing mines and holds advanced-stage projects in Mali, Côte d’Ivoire, and Ethiopia. Allied Gold Corporation is a Toronto-based gold producer with a diversified portfolio of mining assets across West and East Africa. Allied Gold Corporation holds mining assets across multiple African countries, including Mali,…