Alio Gold Inc (ALO) Lifted to Buy at ValuEngine

ValuEngine upgraded shares of Alio Gold Inc (NYSEMKT:ALO) from a hold rating to a buy rating in a report issued on Monday.

Alio Gold (NYSEMKT ALO) opened at 4.33 on Monday. The company has a 50-day moving average price of $4.31 and a 200-day moving average price of $4.38. The stock has a market capitalization of $189.11 million and a PE ratio of 3.29. Alio Gold has a 12-month low of $2.70 and a 12-month high of $6.06.

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Alio Gold Company Profile

Alio Gold Inc, formerly Timmins Gold Corp, is a Canada-based gold producer engaged in the operation, development, exploration and acquisition of resource properties in Mexico through its subsidiaries, Timmins Goldcorp Mexico, SA de C.V. and Molimentales del Noroeste, SA de C.V. (MdN). MdN owns the San Francisco Mine in Sonora, Mexico.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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