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home / news releases / ALO - Alio Gold: Avoid


ALO - Alio Gold: Avoid

While several gold stocks have enjoyed fantastic runs off their lows, Alio Gold (ALO) has barely participated. Alio Gold was one of the last names to reclaim its 200-day moving average and is still quite a distance from a new 52-week high. The significant underperformance should not be surprising as the company is a low-grade high-cost producer that is only making money thanks to a significant push higher in the price of gold (GLD). The company's most recent quarterly results showed all-in sustaining cash costs of $1,278/oz, and management has stated

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Stock Information

Company Name: Alio Gold Inc. (Canada)
Stock Symbol: ALO
Market: NYSE
Website: aliogold.com

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