Brokerages Set Alio Gold Inc (ALO) PT at $7.54

Shares of Alio Gold Inc (TSE:ALO) have earned a consensus rating of “Hold” from the seven brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$7.29.

ALO has been the topic of several research analyst reports. Scotiabank reissued a “sector perform” rating and issued a C$7.50 price objective on shares of Alio Gold in a research report on Friday, November 10th. Raymond James Financial dropped their price objective on shares of Alio Gold from C$9.50 to C$7.25 and set an “underperform” rating on the stock in a research report on Tuesday, November 21st. National Bank Financial dropped their price objective on shares of Alio Gold from C$7.25 to C$7.00 in a research report on Friday, January 26th. Finally, TD Securities dropped their price objective on shares of Alio Gold from C$10.50 to C$9.00 and set a “buy” rating on the stock in a research report on Thursday.

Shares of Alio Gold (ALO) traded down C$0.04 on Wednesday, hitting C$3.30. 112,800 shares of the stock traded hands, compared to its average volume of 106,836. The company has a market capitalization of $147.46, a price-to-earnings ratio of 8.05 and a beta of -1.12. Alio Gold has a 52 week low of C$3.25 and a 52 week high of C$7.99.

Alio Gold (TSE:ALO) last issued its quarterly earnings data on Wednesday, February 21st. The company reported C($0.08) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.05) by C($0.03). The company had revenue of C$26.16 million during the quarter. Alio Gold had a net margin of 20.63% and a return on equity of 11.98%.

COPYRIGHT VIOLATION NOTICE: This news story was first reported by Transcript Daily and is owned by of Transcript Daily. If you are reading this news story on another site, it was copied illegally and reposted in violation of US and international trademark and copyright law. The correct version of this news story can be viewed at

Alio Gold Company Profile

Alio Gold Inc, through its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral resource properties in Mexico. It primarily explores for gold deposits. The company holds a 100 % interest in the Ana Paula Property in Guerrero, Mexico. The company was formerly known as Timmins Gold Corp.

Analyst Recommendations for Alio Gold (TSE:ALO)

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's FREE daily email newsletter.

Leave a Reply