Timmons Gold (ALO) Issues Earnings Results
Timmons Gold (NASDAQ:ALO) announced its quarterly earnings data on Thursday. The company reported ($0.04) EPS for the quarter, reports. The business had revenue of $27.94 million during the quarter.
Shares of NASDAQ:ALO traded down $0.02 during mid-day trading on Friday, hitting $0.71. 280,344 shares of the company traded hands, compared to its average volume of 217,942. Timmons Gold has a 12-month low of $0.63 and a 12-month high of $3.93.
Separately, Clarus Securities cut Timmons Gold from a “buy” rating to a “hold” rating in a research report on Monday, August 13th.
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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