Alio Gold Inc. (ALO.TO) (TSE:ALO) Shares Up 2.1%

Alio Gold Inc. (ALO.TO) (TSE:ALOGet Free Report) shares shot up 2.1% on Monday . The stock traded as high as C$1.97 and last traded at C$1.96. 201,497 shares traded hands during mid-day trading, an increase of 74% from the average session volume of 115,998 shares. The stock had previously closed at C$1.92.

Alio Gold Inc. (ALO.TO) Price Performance

The business’s fifty day moving average is C$1.96. The company has a debt-to-equity ratio of 47.69, a quick ratio of 0.28 and a current ratio of 1.88. The company has a market cap of C$168.55 million and a P/E ratio of -1.19.

About Alio Gold Inc. (ALO.TO)

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Alio Gold Inc, through its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral resource properties. The company primarily mines for gold and silver. It holds 100% interests in San Francisco open pit gold mine that covers an area of approximately 53,380 hectares situated in the north central portion of the state of Sonora, Mexico; Florida Canyon open pit mine covering an area of approximately 11,886 hectares located in Nevada, the United States; and Ana Paula property situated in the state of Guerrero, Mexico.

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