Alacer Gold Corp (TSE:ASR) Set to Announce Quarterly Earnings on Tuesday
Alacer Gold Corp (TSE:ASR) is set to issue its quarterly earnings data before the market opens on Tuesday, August 1st. Analysts expect the company to announce earnings of $0.07 per share for the quarter.
Shares of Alacer Gold Corp (TSE:ASR) traded down 1.47% during trading on Thursday, reaching $2.01. 198,730 shares of the company traded hands. The stock has a market capitalization of $588.63 million and a P/E ratio of 50.25. The firm’s 50 day moving average is $2.13 and its 200-day moving average is $2.39. Alacer Gold Corp has a 12-month low of $1.75 and a 12-month high of $3.79.
Several research firms recently commented on ASR. CIBC dropped their price objective on shares of Alacer Gold Corp from C$3.00 to C$2.75 in a research note on Wednesday, May 3rd. ValuEngine raised shares of Alacer Gold Corp from a “sell” rating to a “hold” rating in a research note on Thursday, May 11th. Finally, Scotiabank reissued an “outperform” rating and set a C$3.75 price objective on shares of Alacer Gold Corp in a research note on Wednesday, May 3rd.
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Alacer Gold Corp Company Profile
Alacer Gold Corp. is an intermediate gold mining company. The Company is engaged in mining, development and exploration of mineral deposits in Turkey. The Company’s segments include Turkish Business Unit and Corporate and other. It is engaged in the acquisition, exploration and production of gold in Turkey.
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