Alacer Gold Corp (ASR) Given Consensus Recommendation of “Buy” by Brokerages
Shares of Alacer Gold Corp (TSE:ASR) have earned a consensus rating of “Buy” from the seven research firms that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is C$3.29.
A number of brokerages recently commented on ASR. Raymond James Financial, Inc. reissued an “outperform” rating and set a C$3.15 price target on shares of Alacer Gold Corp in a research note on Thursday. National Bank Financial reissued a “sector perform market weight” rating on shares of Alacer Gold Corp in a research note on Tuesday, August 1st.
In other Alacer Gold Corp news, Director Thomas Robert Bates purchased 50,000 shares of Alacer Gold Corp stock in a transaction dated Thursday, August 24th. The shares were purchased at an average cost of C$2.10 per share, for a total transaction of C$105,000.00.
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About Alacer Gold Corp
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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