BMO Capital Reiterates Their Hold Rating on Alio Gold Inc (ALO)


Alio Gold Inc (TSX: ALO), the Materials sector company was revisited yesterday, yet the Wall Street analyst remains currently on the sidelines. Analyst Brian Quast from BMO Capital remains neutral on the stock and has a C$1.50 price target.

According to TipRanks.com, Quast is ranked #1753 out of 4848 analysts.

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Currently, the analyst consensus on Alio Gold Inc is a Hold with an average price target of C$2.63.

Alio Gold Inc’s market cap is currently C$63M and has a P/E ratio of 5.4. The company has a Price to Book ratio of 0.24.

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$1.41, close to its 52-week low of C$1.33.

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