The teen struck in victory at Europa League opponents Molde last night.
Speaking in Arsenal's programme for the match against Molde, Aubameyang said: "Flo Balogun was one of those who came on in the last game.
"He is very, very talented, for sure, and he shows every time he plays with us that he's a really great talent.
"He works hard and is a humble guy as well. I love his style – he's like an American rapper – he's cool!
"We get on well, I don't see him that much, but when he trains with us we have a laugh, with Laca [Alexandre Lacazette] as well."
Aubameyang, 31, as Gunners captain has admitted he is happy to take on the role as mentor.
He continued: "It's nice to be a mentor because before I was in their place and now I'm older, I think the most important thing is to show an example on the pitch.
"It's not about talking all the time, it's about showing what you can do on the pitch, what you can do in training.
"They just have to see that, put in their bags and play their game."