This Gold Stock Is Up 140%. One Investor Has Made It a 15% Portfolio Holding

8 hours ago 1

Jonathan Ponciano, The Motley Fool

Sat, May 16, 2026 astatine 12:58 PM CDT 4 min read

On May 15, 2026, Vazirani Asset Management disclosed a caller presumption successful Allied Gold Corporation (NYSE:AAUC), acquiring 148,400 shares successful a commercialized estimated astatine $4.48 cardinal based connected quarterly mean 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 worth of the commercialized is $4.48 million, based connected the mean closing terms from January 1 to March 31, 2026. Post-trade, the presumption is valued astatine $6.40 million, reflecting the constitution of a caller involvement this quarter.

What other to cognize

The caller Allied Gold presumption present represents 14.75% of Vazirani Asset Management LLC’s 13F reportable assets nether management.
Top holdings aft the filing:
- NYSE:AL: $6.49 cardinal (15.0% of AUM)
- NYSE: AAUC: $6.40 cardinal (14.8% of AUM)
- NASDAQ:WBD: $3.43 cardinal (7.9% of AUM)
- NASDAQ:SKYT: $3.43 cardinal (7.9% of AUM)
- NYSE:GTLS: $3.10 cardinal (7.1% of AUM)
As of May 14, 2026, shares of Allied Gold Corporation were priced astatine $29.33, up much than 140% implicit the past twelvemonth and importantly outperforming the S&P 500, which is alternatively up astir 25%.

Company overview

Metric

Value

Market capitalization	$3.5 billion
Revenue (TTM)	$1.3 billion
Net income (TTM)	($51.8 million)
Price (as of marketplace adjacent May 14, 2026)	$29.33

Company snapshot

Allied Gold explores for and produces golden and metallic ores, with halfway operations successful the Sadiola golden task (Mali), Bonikro and Hiré mines (Côte d'Ivoire), Agbaou excavation (Côte d'Ivoire), and the Kurmuk golden task (Ethiopia).
The steadfast generates gross chiefly done the extraction and merchantability of gold, leveraging open-pit mining and mineral processing facilities crossed aggregate African jurisdictions.
It operates aggregate producing mines and holds advanced-stage projects successful Mali, Côte d'Ivoire, and Ethiopia.

Allied Gold Corporation is simply a Toronto-based golden shaper with a diversified portfolio of mining assets crossed West and East Africa. Allied Gold Corporation holds mining assets crossed aggregate African countries, including Mali, Côte d'Ivoire, and Ethiopia.

What this transaction means for investors

This acquisition yet looks similar a stake that the golden rally inactive has country to run, particularly for producers that are yet translating higher bullion prices into stronger accumulation and currency flow. Vazirani’s determination to marque Allied Gold astir 15% of its disclosed portfolio suggests the money sees much upside successful the company’s operating momentum and plus base, adjacent aft the stock’s monolithic run.

That condemnation comes arsenic Allied is scaling quickly. First-quarter golden accumulation climbed 14% twelvemonth implicit twelvemonth to 96,016 ounces, portion gross roseate to $394.1 cardinal from $346.4 cardinal a twelvemonth earlier. The institution besides generated $57.3 cardinal successful operating currency travel and ended the 4th with $424.2 cardinal successful cash. Meanwhile, Allied’s Kurmuk task successful Ethiopia remains connected way for archetypal golden accumulation successful mid-2026 and is expected to nutrient astir 290,000 ounces annually during its archetypal 4 years astatine sub-$950 all-in sustaining costs.

The risks are there, of course. Allied operates successful Mali, Côte d’Ivoire, and Ethiopia, wherever governmental and operational instability tin rapidly alteration the story. But semipermanent investors whitethorn presumption the company’s 11.2 cardinal ounces of reserves and expanding accumulation illustration arsenic a astute play connected elevated golden prices and increasing planetary request for safe-haven assets.

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