Raymond James reaffirmed their underperform rating on shares of Alio Gold (TSE:ALO) in a report issued on Friday morning. The brokerage currently has a C$1.00 price target on the stock.
A number of other analysts have also weighed in on the stock. Royal Bank of Canada lowered shares of 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. BMO Capital Markets upped their price target on shares of Alio Gold from C$1.00 to C$1.25 in a research note on Thursday, January 17th. Cormark reduced their price target on shares of Alio Gold from C$2.50 to C$1.80 in a research note on Thursday. Finally, TD Securities dropped their target price on shares of Alio Gold from C$3.75 to C$2.50 and set a buy rating on the stock in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of C$1.68.
Shares of TSE:ALO opened at C$1.02 on Friday. The company has a market capitalization of $86.40 million and a PE ratio of -4.86. Alio Gold has a twelve month low of C$0.81 and a twelve month high of C$3.08. The company has a quick ratio of 0.91, a current ratio of 2.60 and a debt-to-equity ratio of 3.42.
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 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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