Alio Gold Inc (TSX: ALO), the Materials sector company was revisited on September 28, and remains undervalued for at least one analyst on the street. Analyst Chris Thompson from Raymond James reiterated a Buy rating, with a C$2 price target on September 28.
According to TipRanks.com, Thompson is ranked #3614 out of 4881 analysts.
Alio Gold Inc has an analyst consensus of Hold, with a price target consensus of C$2.30.
The company has a one-year high of C$5.68 and a one-year low of C$0.81. Currently, Alio Gold Inc has an average volume of 172K.
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 Tuesday at C$1.04, close to its 52-week low of C$0.81.
