Media coverage about Alio Gold (NYSE:ALO) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Alio Gold earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.8965245682072 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Alio Gold (NYSE ALO) opened at 4.29 on Wednesday. The firm has a 50-day moving average of $4.12 and a 200 day moving average of $4.29. The company has a market capitalization of $187.36 million and a price-to-earnings ratio of 3.26. Alio Gold has a 12-month low of $2.70 and a 12-month high of $6.06.
Alio Gold (NYSE:ALO) last issued its quarterly earnings data on Thursday, August 10th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.09. The firm had revenue of $27.07 million for the quarter, compared to analysts’ expectations of $25.00 million. Analysts expect that Alio Gold will post $0.43 EPS for the current fiscal year.
Several equities analysts have commented on the stock. BMO Capital Markets raised shares of Alio Gold from an “underperform” rating to a “market perform” rating in a report on Friday, August 11th. Zacks Investment Research lowered shares of Alio Gold from a “buy” rating to a “hold” rating in a report on Monday, July 24th.
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Alio Gold Company Profile
Alio Gold Inc, formerly Timmins Gold Corp, is a Canada-based gold producer engaged in the operation, development, exploration and acquisition of resource properties in Mexico through its subsidiaries, Timmins Goldcorp Mexico, SA de C.V. and Molimentales del Noroeste, SA de C.V. (MdN). MdN owns the San Francisco Mine in Sonora, Mexico.
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