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Allied Gold Shares Rise After Stifel Canada Upgrade

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Allied Gold (AAUC) shares rose 3.9% in Thursday trading after Stifel Canada upgraded the stock to buy from hold and raised its price target to 56 Canadian dollars ($40) from CA$44.

Intraday volume topped 500,330 shares, compared with the daily average of 639,000.

Price: $17.69, Change: $+0.66, Percent Change: +3.88%

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