Alacer Gold Corp’s Trend Up, Especially After Today’s Strong Session

 Alacer Gold Corp's Trend Up, Especially After Today's Strong Session

The stock of Alacer Gold Corp (TSE:ASR) is a huge mover today! About 408,056 shares traded hands. Alacer Gold Corp (TSE:ASR) has risen 12.45% since March 28, 2016 and is uptrending. It has outperformed by 9.43% the S&P500.
The move comes after 5 months positive chart setup for the $816.44 million company. It was reported on Nov, 1 by Barchart.com. We have $4.59 PT which if reached, will make TSE:ASR worth $530.69 million more.

Alacer Gold Corp (TSE:ASR) Ratings Coverage

Out of 3 analysts covering Alacer Gold (TSE:ASR), 1 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 33% are positive. $4.50 is the highest target while $2.75 is the lowest. The $3.65 average target is 31.29% above today’s ($2.78) stock price. Alacer Gold has been the topic of 12 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by Scotia Capital on Thursday, October 27. On Tuesday, June 28 the stock rating was maintained by Scotia Capital with “Outperform”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, December 10 report. RBC Capital Markets maintained Alacer Gold Corp (TSE:ASR) rating on Thursday, May 19. RBC Capital Markets has “Sector Perform” rating and $3.25 price target. The stock of Alacer Gold Corp (TSE:ASR) earned “Outperform” rating by Scotia Capital on Friday, July 22. BMO Capital Markets downgraded the shares of ASR in a report on Wednesday, October 7 to “Underperform” rating.

More important recent Alacer Gold Corp (TSE:ASR) news were published by: Theglobeandmail.com which released: “The Globe and Mail” on August 14, 2009, also Seekingalpha.com published article titled: “Alacer Gold – Disappointing Q3 Earnings”, Seekingalpha.com published: “Alacer Gold: I Was Not Expecting This” on September 16, 2016. More interesting news about Alacer Gold Corp (TSE:ASR) was released by: Fool.com.Au and their article: “Here’s why Alacer Gold Corp – CDI rocketed up 10%” with publication date: September 22, 2014.

Alacer Gold Corp. is an intermediate gold mining company. The company has a market cap of $816.44 million. The Firm operates in the segment of mining, development and exploration of mineral deposits in Turkey. It has a 24.94 P/E ratio. The Company’s principal products are gold, copper and silver.

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