Alio Gold Inc. T.ALO

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

[Freddy1989Germa]

Q1 2020 Highlights and Recent Key Developments 

• Q1 2020 Consolidated Gold production ¹ of 16,406 ounces at cash costs ^1,2 of $1,276/oz produced.
• Announced a merger with Argonaut Gold (“Argonaut”) on March 30, 2020.
• Closing of the sale of the San Francisco Mine to Magna Gold Corp. (“Magna Gold”) on May 6, 2020.
• Florida Canyon Q1 2020 operational metrics continue to improve; 30% more gold deposited, and 21% more gold produced versus Q4 2019.
• Cash and cash equivalents of $10.4 million, and net working capital ³ of $41.5 million as of March 31, 2020.

I have looked at the numbers of Alio and I noticed that they hardly make a profit if they produce at 1534 dollars all in and sell at 1582 dollars. How should the costs of the only sinking be that a profit is made?

 

What do you think about the merger with Argonaut Gold?

AISC 4 (per ounce sold) ($)	1,534			1,278
Average realized gold price per gold ounce c ($)	1,582			1,307

[invest234]

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