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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (83457)5/6/2020 9:14:00 AM
From: Goose94Read Replies (2) of 202758
 
Alacer Gold (ASR-T) RBC Dominion Securities analyst Mark Mihaljevic raised his share target to $8 from $7. Mr. Mihaljevic continues to rate the shares "outperform." Analysts on average target the shares at $8.48.

Mr. Mihaljevic says in a note: "We believe Alacer's shares can continue to outperform peers as the company: (1) demonstrates the potential of the Sulfides expansion project; (2) unlocks the value of the regional Oxide deposits; and (3) continues to generate positive free cash flow, with a potential capital return starting later this year."

Benj Gallander and Ben Stadelmann recommended buying Alacer on Dec. 4, 2018. It was then trading at $2.13.

RBC analyst Mark Mihaljevic continued to rate Alacer Gold "outperform." The shares could then be had for $4.43.

Mr. Gallander and Mr. Stadelmann said they were still bullish on Alacer Gold on Aug. 14, 2019. The shares could then be had for $5.72.
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