Yakira Capital Loads Up on Shares of This Gold Stock

On May 14, 2026, Yakira Capital Management, Inc. disclosed a new position in Allied Gold Corporation (NYSE:AAUC), acquiring 195,710 shares in a trade estimated at $5.91 million based on quarterly average pricing.According to a May 14, 2026, SEC filing, Yakira Capital Management, Inc. reported establishing a new position in Allied Gold Corporation by acquiring 195,710 shares. The estimated transaction value was $5.91 million, calculated from the average share price during the first quarter. At quarter-end, the stake was valued at $6.05 million, a figure that includes both the acquisition and any price appreciation over the period.Allied Gold Corporation is a Toronto-based gold producer with a diversified portfolio of mining assets across West and East Africa. The company’s operations are centered on open pit mining, supplying gold and silver to international markets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool