Alio Gold (ALO) Stock Price Down 6.3%

Share on StockTwits

Alio Gold Inc (TSE:ALO) was down 6.3% during trading on Wednesday . The company traded as low as C$1.05 and last traded at C$1.05. Approximately 149,194 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 142,427 shares. The stock had previously closed at C$1.12.

A number of equities research analysts have commented on ALO shares. Cormark reduced their target price on Alio Gold from C$2.50 to C$1.80 in a research report on Thursday. BMO Capital Markets lifted their target price on Alio Gold from C$1.00 to C$1.25 in a research report on Thursday, January 17th. Royal Bank of Canada downgraded Alio Gold from a “sector perform” rating to an “underperform” rating and set a C$1.50 target price on the stock. in a research report on Thursday, January 17th. Finally, TD Securities reduced their target price on Alio Gold from C$3.75 to C$2.50 and set a “buy” rating on the stock in a research report on Thursday. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of C$1.68.

The company has a quick ratio of 1.01, a current ratio of 3.35 and a debt-to-equity ratio of 8.33. The stock has a market cap of $88.94 million and a P/E ratio of -126.25.

COPYRIGHT VIOLATION WARNING: “Alio Gold (ALO) Stock Price Down 6.3%” was first posted by Ticker Report and is the property of of Ticker Report. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at https://www.tickerreport.com/banking-finance/4222355/alio-gold-alo-stock-price-down-6-3.html.

About Alio Gold (TSE:ALO)

Alio Gold Inc, through its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral resource properties in Mexico. It primarily sells gold and silver. The company's principal assets include its 100% owned and operating San Francisco open-pit, heap leach gold mine in Sonora, Mexico; and its 100%-owned development stage Ana Paula Project in Guerrero, Mexico.

Further Reading: Beta

Receive News & Ratings for Alio Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alio Gold and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Barrington Research Analysts Give Atento  a $10.00 Price Target
Barrington Research Analysts Give Atento a $10.00 Price Target
Short Interest in IsoRay, Inc.  Drops By 6.8%
Short Interest in IsoRay, Inc. Drops By 6.8%
Mitie Group PLC  Receives Consensus Recommendation of “Buy” from Brokerages
Mitie Group PLC Receives Consensus Recommendation of “Buy” from Brokerages
Critical Comparison: Weatherford International  versus Its Peers
Critical Comparison: Weatherford International versus Its Peers
Sanford C. Bernstein Analysts Give Beiersdorf  a €91.00 Price Target
Sanford C. Bernstein Analysts Give Beiersdorf a €91.00 Price Target
Wolverine World Wide  Downgraded by ValuEngine
Wolverine World Wide Downgraded by ValuEngine


© 2006-2019 Ticker Report