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Alio Gold Inc. T.ALO

Metals & Mining Industrial Metals & Minerals
"Alio Gold Inc is a gold mining company. It is engaged in exploration, development and production in Mexico. Its projects include San Francisco mine in Sonora, Mexico and the development stage Ana Paula project in Guerrero, Mexico."


TSX:ALO - Post by User

Alio Gold Inc. > Alio Gold which Market cap Fair which P/E ratio?
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Comment by invest234on May 12, 2020 4:51pm
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Post# 31019173

RE:Alio Gold which Market cap Fair which P/E ratio?

RE:Alio Gold which Market cap Fair which P/E ratio?those cost numbers don't mean much until they ramp up their second leach pad. that will increase production and reduce costs.
the table here shows their planned costs dropping every quarter as they ramp up their second leach pad:
https://stockhouse.com/news/press-releases/2020/03/18/alio-gold-announces-significant-improvement-at-florida-canyon-mine-and-reports
by the end of the year they should be very profitable.

i already posted what i thought of the merger here:
https://stockhouse.com/companies/bullboard/alo/alio-gold-inc-canada?postid=30888325

the share price has gone up since then.




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