In a new note to investors on September 19, an analyst has provided a rating update for the Materials sector company, Alio Gold Inc (TSX: ALO). Analyst Andrew Breichmanas from BMO Capital remains neutral on the stock and has a C$1 price target.
According to TipRanks.com, Breichmanas is ranked #1477 out of 4879 analysts.
Alio Gold Inc has an analyst consensus of Hold, with a price target consensus of C$2.30, representing a 144.7% upside. In a report issued on September 16, RBC Capital also reiterated a Hold rating on the stock with a C$1.25 price target.
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Alio Gold Inc’s market cap is currently C$81.27M and has a P/E ratio of 4.9. The company has a Price to Book ratio of 0.23.
Alio Gold, Inc., through it subsidiaries, engages in acquiring, exploring, developing, and operating mineral resource properties. It operates through the following segments: San Francisco Mine, Ana Paula Project, and Other. The Other segment includes corporate assets, derivative assets, warrant liabilities, and corporate and administrative expenses.
The company’s shares closed on Friday at C$0.94, close to its 52-week low of C$0.81.
