Somewhat Positive Media Coverage Somewhat Unlikely to Affect Alio Gold (ALO) Stock Price
News coverage about Alio Gold (NYSE:ALO) has trended somewhat positive on Friday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Alio Gold earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.8325406158366 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of equities research analysts have weighed in on ALO shares. Zacks Investment Research lowered Alio Gold from a “strong-buy” rating to a “hold” rating in a report on Friday, May 19th. BMO Capital Markets raised Alio Gold from an “underperform” rating to a “market perform” rating in a report on Friday, August 11th.
Shares of Alio Gold (NYSE ALO) opened at 4.25 on Friday. The stock has a market cap of $185.61 million and a price-to-earnings ratio of 3.23. Alio Gold has a one year low of $2.70 and a one year high of $6.06. The firm has a 50-day moving average price of $4.16 and a 200-day moving average price of $4.26.
Alio Gold (NYSE:ALO) last announced its quarterly earnings results on Thursday, August 10th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.01 by $0.09. The firm had revenue of $27.07 million during the quarter, compared to analyst estimates of $25 million. Analysts anticipate that Alio Gold will post $0.43 earnings per share for the current fiscal year.
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About Alio Gold
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.
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