Separately, ValuEngine raised Alio Gold from a “hold” rating to a “buy” rating in a report on Monday, October 2nd.
Shares of Alio Gold (NYSEMKT ALO) traded up $0.04 during trading hours on Tuesday, reaching $3.94. The company’s stock had a trading volume of 54,575 shares, compared to its average volume of 129,087. Alio Gold has a 52-week low of $2.70 and a 52-week high of $6.06.
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About Alio Gold
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.
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