TD Securities Reaffirms Their Buy Rating on Alio Gold Inc (ALO)


Wall Street analyst has provided a review for the Materials company on October 18, but retained the same rating on the stock. Analyst Steven Green remains bullish on Alio Gold Inc (TSX: ALO) and has a C$4.25 price target.

According to TipRanks.com, Green is ranked #4792 out of 4892 analysts.

Read also: Direxion Daily Jr Gld Mnrs (JNUG): Gold Stocks Recovering

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alio Gold Inc with a C$2.06 average price target.

Alio Gold Inc’s market cap is currently C$86.3M and has a P/E ratio of 5.2. 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$1.03, close to its 52-week low of C$0.81.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts