Home Gold Knowledge Allied Gold to Start Trading on NYSE June 9

Allied Gold to Start Trading on NYSE June 9

by Darren

Allied Gold (TSX: AAUC) will begin trading on the New York Stock Exchange (NYSE) on Monday, June 9, after securing all necessary regulatory approvals. The company’s shares will trade under the ticker symbol “AAUC,” matching its Toronto listing.

In a Tuesday press release, Allied Gold called the NYSE approval “a significant milestone,” highlighting its ongoing business growth.

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The Canadian gold miner operates three producing assets and development projects in Côte d’Ivoire, Mali, and Ethiopia, with combined reserves of about 11 million ounces.

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Ahead of the NYSE debut, Allied announced a three-for-one share consolidation last month. On Tuesday midday, TSX shares traded at C$20.64, valuing the company at approximately C$7.1 billion ($5.1 billion).

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Following the NYSE listing, Allied’s shares will no longer trade on the OTC market.

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