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Allied Nevada Gold Corp. (NYSE:ANV) was the target of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 37,905,916 shares, a growth of 4.3% from the July 31st total of 36,335,655 shares, AR Network reports. Based on an average daily trading volume, of 2,148,450 shares, the days-to-cover ratio is presently 17.6 days. Currently, 39.5% of the shares of the stock are sold short.

Shares of Allied Nevada Gold Corp. (NYSE:ANV) traded up 6.61% on Tuesday, hitting $3.55. The stock had a trading volume of 2,591,787 shares. Allied Nevada Gold Corp. has a 52 week low of $2.61 and a 52 week high of $6.70. The stock’s 50-day moving average is $3.34 and its 200-day moving average is $3.9. The company’s market cap is $370.4 million.

Allied Nevada Gold Corp. (NYSE:ANV) last released its earnings data on Monday, August 4th. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.11) by $0.15. The company had revenue of $83.10 million for the quarter, compared to the consensus estimate of $82.91 million. During the same quarter in the prior year, the company posted $0.04 earnings per share. The company’s quarterly revenue was up 40.8% on a year-over-year basis. On average, analysts predict that Allied Nevada Gold Corp. will post $-0.24 earnings per share for the current fiscal year.

Allied Nevada Gold Corp. (NYSE:ANV) is a gold and silver producer focused on mining, development, and exploration of properties in the state of Nevada.

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