The Alio Gold Inc (ALO) Receives “Outperform” Rating from Raymond James Financial, Inc.

The Alio Gold Inc (ALO) Receives “Outperform” Rating from Raymond James Financial, Inc.

Shares of Alio Gold (TSE ALO) opened at 6.49 on Tuesday. The firm has a 50-day moving average price of $5.94 and a 200 day moving average price of $5.09. The company has a market capitalization of $230.80 million and a P/E ratio of 3.25. Alio Gold has a 12-month low of $5.89 and a 12-month high of $6.66.

Alio Gold Inc (TSE:ALO)‘s stock had its “outperform” rating reiterated by equities researchers at Raymond James Financial, Inc. in a research note issued to investors on Tuesday, May 23rd. They presently have a C$10.00 price target on the stock. Raymond James Financial, Inc.’s price objective would suggest a potential upside of 54.08% from the stock’s current price.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:ALO”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Related posts

Leave a Comment