The Globe and Mail reports in its Friday, Sept. 15, edition that Stifel analyst Ingrid Rico rates Allied Gold "buy" in new coverage. The Globe's David Leeder writes that Ms. Rico set a share target of $8, which is 25 cents under the consensus. Ms. Rico calls Allied Gold, which debuted on the TSX on Monday, a "new growth name in the gold space." Allied raised $267-million in the country's largest mining initial public offering since 2010. Ms. Rico says in a note: "Coming out of a go-public transaction and boosting management bench strength, Allied Gold is well set to become an emerging intermediate Africa gold producer with a sustainable annual production base of approximately 370k ounces and, importantly, a pipeline of organic growth -- from expansions and a permitted, development project in a new frontier country with excellent geological opportunity. We see a path to more than 600k ounces per year over the next three years and doubling production over the next six years. We see Allied Gold becoming the growth name in the space offering investors valuation rerate as the company derisks organic growth. ... Allied has bench strength with a team that has proven capable of executing on a growth strategy."