Alio Gold Inc (TSE:ALO) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$1.29 and last traded at C$1.29, with a volume of 107900 shares trading hands. The stock had previously closed at C$1.21.
Several research analysts have recently commented on the company. Pi Financial reiterated a “tender” rating and issued a C$1.00 price objective on shares of Alio Gold in a report on Tuesday, May 12th. TD Securities cut Alio Gold from a “buy” rating to a “tender” rating in a research note on Wednesday, April 1st. Finally, BMO Capital Markets lowered Alio Gold from an “outperform” rating to a “market perform” rating in a research note on Tuesday, March 31st.
The stock has a market cap of $106.63 million and a PE ratio of -0.78. The business’s 50-day simple moving average is C$0.95 and its 200-day simple moving average is C$0.90. The company has a quick ratio of 0.28, a current ratio of 1.88 and a debt-to-equity ratio of 47.69.
About Alio Gold (TSE:ALO)
Alio Gold Inc, through its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral resource properties. The company primarily mines for gold and silver. It holds 100% interests in San Francisco open pit gold mine that covers an area of approximately 53,380 hectares situated in the north central portion of the state of Sonora, Mexico; Florida Canyon open pit mine covering an area of approximately 11,886 hectares located in Nevada, the United States; and Ana Paula property situated in the state of Guerrero, Mexico.
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