Shares of Alio Gold Inc (TSE:ALO) have been given an average recommendation of “Hold” by the six brokerages that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$1.95.
ALO has been the topic of several analyst reports. TD Securities cut their target price on Alio Gold from C$4.25 to C$4.00 and set a “buy” rating on the stock in a research note on Friday, November 9th. Royal Bank of Canada downgraded Alio Gold from a “sector perform” rating to an “underperform” rating and set a C$1.50 price target for the company. in a research note on Thursday, January 17th. Finally, BMO Capital Markets raised their price target on Alio Gold from C$1.00 to C$1.25 in a research report on Thursday, January 17th.
TSE:ALO traded down C$0.04 during mid-day trading on Wednesday, hitting C$1.04. The company had a trading volume of 101,720 shares, compared to its average volume of 153,607. Alio Gold has a fifty-two week low of C$0.81 and a fifty-two week high of C$4.03. The company has a current ratio of 3.35, a quick ratio of 1.01 and a debt-to-equity ratio of 8.33. The firm has a market capitalization of $91.48 million and a price-to-earnings ratio of -131.25.
Alio Gold (TSE:ALO) last released its earnings results on Thursday, November 8th. The company reported C($0.05) earnings per share for the quarter. The business had revenue of C$36.52 million during the quarter. Sell-side analysts predict that Alio Gold will post 0.00999999907407416 earnings per share for the current year.
About Alio Gold
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.
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