Alio Gold Inc Forecasted to Earn Q3 2017 Earnings of $0.03 Per Share (ALO)
Alio Gold Inc (TSE:ALO) – Stock analysts at National Bank Financial issued their Q3 2017 earnings per share (EPS) estimates for shares of Alio Gold in a research note issued to investors on Tuesday. National Bank Financial analyst S. Nagle anticipates that the company will earn $0.03 per share for the quarter. National Bank Financial currently has a “Outperform” rating on the stock. National Bank Financial also issued estimates for Alio Gold’s FY2018 earnings at $0.32 EPS.
ALO has been the topic of several other reports. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$6.00 price objective on shares of Alio Gold in a research report on Friday, October 6th. TD Securities lowered their price target on shares of Alio Gold from C$11.50 to C$10.50 and set a “buy” rating on the stock in a research note on Friday, August 11th. Raymond James Financial, Inc. boosted their price objective on shares of Alio Gold from C$9.50 to C$10.00 and gave the stock an “outperform” rating in a research note on Monday, July 24th. Finally, Royal Bank Of Canada lowered their price objective on shares of Alio Gold from C$8.00 to C$7.00 and set a “sector perform” rating on the stock in a research note on Tuesday, July 11th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Alio Gold currently has a consensus rating of “Buy” and an average target price of C$8.38.
Alio Gold Company Profile
Alio Gold Inc, through its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral resource properties in Mexico. It primarily explores for gold deposits. The company holds a 100 % interest in the Ana Paula Property in Guerrero, Mexico. The company was formerly known as Timmins Gold Corp.
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