Alio Gold Inc (TSE:ALO) PT Lowered to C$7.00
Alio Gold Inc (TSE:ALO) had its price target lowered by Royal Bank Of Canada from C$8.00 to C$7.00 in a research note published on Tuesday, July 11th. The brokerage currently has a sector perform rating on the stock.
Separately, Raymond James Financial, Inc. reiterated an outperform rating and issued a C$10.00 target price on shares of Alio Gold in a report on Tuesday, May 23rd.
Alio Gold (TSE ALO) traded down 2.21% during trading on Tuesday, hitting $4.86. 70,592 shares of the company traded hands. The stock has a 50 day moving average price of $6.09 and a 200 day moving average price of $5.62. The company has a market capitalization of $172.83 million and a P/E ratio of 2.43. Alio Gold has a 12-month low of $4.83 and a 12-month high of $7.99.
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 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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