Today Alacer Gold Corp Stock Rises

 Today Alacer Gold Corp Stock Rises

The stock of Alacer Gold Corp (TSE:ASR) is a huge mover today! About 58,765 shares traded hands. Alacer Gold Corp (TSE:ASR) has declined 16.48% since April 20, 2016 and is downtrending. It has underperformed by 21.89% the S&P500.
The move comes after 8 months positive chart setup for the $635.71 million company. It was reported on Nov, 24 by Barchart.com. We have $2.48 PT which if reached, will make TSE:ASR worth $44.50 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 57.33% above today’s ($2.32) stock price. Alacer Gold has been the topic of 12 analyst reports since July 29, 2015 according to StockzIntelligence Inc. BMO Capital Markets downgraded Alacer Gold Corp (TSE:ASR) on Wednesday, October 7 to “Underperform” rating. RBC Capital Markets maintained Alacer Gold Corp (TSE:ASR) on Thursday, May 19 with “Sector Perform” rating. Scotia Capital maintained the shares of ASR in a report on Friday, July 22 with “Outperform” rating. As per Tuesday, June 28, the company rating was maintained by Scotia Capital. As per Thursday, October 27, the company rating was maintained by Scotia Capital. The rating was maintained by RBC Capital Markets on Thursday, December 10 with “Sector Perform”.

More recent Alacer Gold Corp (TSE:ASR) news were published by: Fool.com.Au which released: “Here’s why Alacer Gold Corp – CDI rocketed up 10%” on September 22, 2014. Also Seekingalpha.com published the news titled: “Alacer Gold: I Was Not Expecting This” on September 16, 2016. Seekingalpha.com‘s news article titled: “Alacer Gold – Disappointing Q3 Earnings” with publication date: October 26, 2016 was also an interesting one.

Alacer Gold Corp. is an intermediate gold mining company. The company has a market cap of $635.71 million. The Firm operates in the segment of mining, development and exploration of mineral deposits in Turkey. It has a 20.73 P/E ratio. The Company’s principal products are gold, copper and silver.

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