RE:Clarus Securities comments on Alio Gold Inc. Thanks for the information from Clarus. I am aligned with their view as ALO is trading well below book value and offers no valuation to AP. This is a stock to accumulate - both shares and warrants - with the catalysts coming in the next 3 months. My problem is the rear-view mirror analysts such as BMO. That said, when the catalyst does hit, they will change their tune and that should have a very positive impact on the share price. This stock will move soon and I will be in a full position to benefit.
| | | Analyst Actions: Alio Gold Maintained with Market Perform, $5.25 Target Price at BMO Capital | | 2018-01-12 11:39:47 AM ET (MT Newswires) | | | |
| | | | 11:39 AM EST, 01/12/2018 (MT Newswires) -- Alio Gold (ALO.TO) has shed 2% in recent trade after BMO Capital kept its market perform rating and target price of $5.25. BMO said there is still some funding required for the Ana Paula development project, which will likely be some combination of debt and equity. The limited mine life at San Francisco also acts to depress valuation. BMO reduced its EPS forecasts to $0.41 for 2017 and to $0.45 for 2018. Price: 4.45, Change: -0.09, Percent Change: -2.0
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