Alacer Gold (ASR), the Materials sector company, has received a rating update from a Wall Street analyst today. Analyst Tara Hassan from Raymond James reiterated a Buy rating, with a C$4.25 price target.
Hassan has an average return of 13.9% when recommending Alacer Gold.
According to TipRanks.com, Hassan is ranked #3837 out of 5111 analysts.
Alacer Gold has an analyst consensus of Moderate Buy, with a price target consensus of C$3.75.
Alacer Gold’s market cap is currently C$787.5M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.86.
Alacer Gold Corp. is a gold mining company, which engages in the exploration and development of mineral properties in Turkey. Its explorations include Copler District and Turkey Regional. The company was founded on September 20, 1993 and is headquartered in Denver, CO.
The company’s shares closed on Friday at C$2.68.
