Alio Gold Inc (ALO) Receives Sector Perform Rating from Scotiabank
ALO has been the topic of a number of other research reports. BMO Capital Markets restated a market perform rating and set a C$6.00 price target on shares of Alio Gold in a report on Friday, October 6th. Raymond James Financial, Inc. raised their price target on shares of Alio Gold from C$9.50 to C$10.00 and gave the company an outperform rating in a report on Monday, July 24th. National Bank Financial restated an outperform rating on shares of Alio Gold in a report on Tuesday, October 17th. Finally, TD Securities cut their price target on shares of Alio Gold from C$11.50 to C$10.50 and set a buy rating on the stock in a report on Friday, August 11th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Alio Gold presently has an average rating of Buy and an average price target of C$8.20.
Alio Gold (ALO) opened at C$4.17 on Friday. Alio Gold has a twelve month low of C$4.15 and a twelve month high of C$7.99.
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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 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.
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