Allied Gold Corporation - Asset Resilience Ratio

Latest as of June 2024: 8.13%

Allied Gold Corporation (AAUC) has an Asset Resilience Ratio of 8.13% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets

CA$77.97 Million
≈ $56.40 Million USD Cash + Short-term Investments

Total Assets

CA$958.66 Million
≈ $693.48 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Allied Gold Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Allied Gold Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$77.97 Million 8.13%
Short-term Investments CA$0.00 0%
Total Liquid Assets CA$77.97 Million 8.13%

Asset Resilience Insights

  • Limited Liquidity: Allied Gold Corporation maintains only 8.13% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Allied Gold Corporation Industry Peers by Asset Resilience Ratio

Compare Allied Gold Corporation's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Newmont Corporation
AU:NEM
Gold 14.42%
Barrick Mining Corporation
NYSE:B
Gold 13.00%
Barrick Gold Corp
TO:ABX
Gold 13.03%
AngloGold Ashanti Ltd
JSE:ANG
Gold 13.83%
Kinross Gold Corp
TO:K
Gold 9.89%
Alamos Gold Inc
TO:AGI
Gold 8.52%
IAMGold Corporation
TO:IMG
Gold 5.86%
Harmony Gold Mining Co. Ltd.
JSE:HAR
Gold 0.25%

Annual Asset Resilience Ratio for Allied Gold Corporation (None–None)

The table below shows the annual Asset Resilience Ratio data for Allied Gold Corporation.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points

About Allied Gold Corporation

TO:AAUC Canada Gold
Market Cap
$3.95 Billion
CA$5.46 Billion CAD
Market Cap Rank
#4185 Global
#137 in Canada
Share Price
CA$43.62
Change (1 day)
+0.09%
52-Week Range
CA$5.22 - CA$43.70
All Time High
CA$43.70
About

Allied Gold Corporation, together with its subsidiaries, explores and produces mineral deposits in Africa. The company primarily explores for gold and silver ores. Its flagship project is the Sadiola gold project, an open pit mine located in the Republic of Mali. The company holds interest in the Bonikro and Hiré mines located in Côte d'Ivoire; the Agbaou mine located in Côte d'Ivoire; and the Ku… Read more